Recently, Bitcoin has led the market downwards, and the crypto market is once again shrouded in panic. Over the past 7 days, the cryptocurrency fear and greed index has fallen to 10, marking a new low since June 2022, indicating a state of extreme fear.
I have compiled some information to look at the cyclical fluctuations in the crypto market over the past few years, examining key factors that triggered panic moments, including macroeconomic conditions, industry crises, speculative bubble bursts, and regulatory pressures.