Bitcoin Fear & Greed Index Shows 13-Day Extreme Fear Streak As BTC Trades Near $87,500

According to the Bitcoin Fear & Greed Index, market sentiment has stayed in the extreme fear band for 13 consecutive days while Bitcoin is trading around $87,500. The gauge, which aggregates market cap dominance, volume, Google Trends, social activity, and volatility into a 0–100 score, currently sits at 23, marking a prolonged period of pessimism. Historically, major tops and bottoms have often formed when the index sits in its extreme zones, but it is still unclear whether the latest stretch will mark a decisive cycle low.