According to PANews, Bitcoin has recently led a market downturn, causing a wave of fear to sweep through the cryptocurrency market. Data from Alternative.me indicates that the Crypto Fear and Greed Index plummeted to 10 in the past week, marking its lowest point since June 2022 and placing it in the 'extreme fear' category. PANews has compiled an analysis of the cyclical fluctuations in the crypto market over recent years, highlighting several key factors that have triggered moments of panic. These include macroeconomic conditions, internal industry crises, speculative bubbles bursting, and regulatory pressures.

#BTC