The crypto fear and greed index has fallen to 25, the lowest level since September 2024, signaling extreme fear in the market as Bitcoin drops below $93,000.

The Fear and Greed Index, provided by software development firm Alternative, measures market sentiment on a scale of 0 (Extreme Fear) to 100 (Extreme Greed).

As of Feb. 25, the index has dropped 24 points from 49 to 25 in a single day, shifting from “Neutral” to “Extreme Fear,” its lowest level since 2024, when it stood at 22.

This sharp decline follows a broader market sell-off. In the past 24 hours, Ethereum (ETH) and Solana (SOL) have dropped 10% and 14% respectively, while Bitcoin (BTC) has fallen below $93,000. Coinciding with Bitcoin’s…