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Crypto Fear & Greed Index Drops to 6, Marking Historic 'Extreme Fear' Levels

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The fear and greed index dropped to 6 on February 7, 2026, down from 9 the day before, hitting another extreme fear level. Historical data shows this is the third time the index has reached such a low, after August 2019 and June 2022. The metric blends volatility, volume, social sentiment, and other factors. Traders are now eyeing altcoins to watch amid the bearish mood.

BlockBeats News, on February 7, according to Alternative data, today's cryptocurrency fear and greed index dropped to 6 (9 yesterday), and the market's "extreme fear" sentiment has further intensified.


With the current figures, such low data has only appeared historically in June 2022, and August 2019.


Note: The panic index threshold is 0-100, including the following indicators: Volatility (25%) + Market Volume (25%) + Social Media Heat (15%) + Market Survey (15%) + Bitcoin's Proportion in the Entire Market (10%) + Google Trends Analysis (10%).


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