Market sentiment turned sharply bearish as the Fear & Greed Index plunged to 27, with Bitcoin slipping below $104,000 and ETF outflows accelerating amid investor caution.
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Posted November 4, 2025 at 8:43 am EST.
The Crypto Fear & Greed Index plunged to 27 on Tuesday, marking its lowest reading in nearly seven months. Market sentiment shifted to extreme fear after Bitcoin briefly dropped below $104,000 for the first time in over three weeks.
The index fell by half from 42 the previous day. The last time sentiment reached this level was in April, when the index hit 18 following President Donald Trump’s global tariffs announcement.
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Analysts attribute the decline to reduced institutional demand and blockchain activity concerns. Last Wednesday, the Federal Reserve cut interest rates for the second time this year but signaled no additional cuts in 2025, disappointing investors.
Bitcoin-tied exchange-traded funds recorded nearly $800 million in net outflows last week, with institutional buying falling below daily mined supply for the first time in seven months.
The index previously reached extreme fear on Oct. 22 at 25 points.
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