Crypto Sentiment Hits Extreme Fear as Bitcoin Dip Below $92K
Crypto sentiment has sharply dropped in the last 24 hours as Crypto Fear & Greed Index has fallen by 24 points to 25, which means ‘Extreme Fear.’ This change of sentiment has also affected the price of Bitcoin which has dropped by 4% below $92,000, the lowest it has been since November 23rd.
The market decline comes at the time when US President Donald Trump reiterated his plans to introduce tariffs against Canada and Mexico that has caused concern among investors.
On February 24, Trump stated that his proposed tariffs of 25% on imports from these countries, except Canadian energy, will be implemented. Such an unpredictable situation has raised concerns that the trade relations may slow down the economy, thus causing the crypto…
