The Crypto Fear & Greed Index, a widely followed sentiment indicator provided by CoinMarketCap, has dropped to 15. This reading places the market firmly in ‘extreme fear’ territory, reflecting a deeply pessimistic outlook among cryptocurrency investors. The index is designed to quantify the prevailing emotions driving the crypto market. It operates on a scale from 0 to 100, where 0 represents ‘extreme fear’ and 100 indicates ‘extreme greed.’ A score of 15 suggests that fear is dominating investor behavior, often leading to selling pressure and reduced risk appetite.