Bitcoin's 'fear gauge' surges nearly 20%, its biggest jump since Feb. 5 crash

CoinDesk·

Bitcoin's 'fear gauge' surges nearly 20%, its biggest jump since Feb. 5 crash

60-second summary

Bitcoin's 'fear gauge' surges nearly 20% in a single day, its biggest jump since the February 5 crash, signaling a return of fear after two months of calm market sentiment. This sudden shift in investor sentiment could lead to increased volatility, potentially impacting Bitcoin's price, which has stabilized around $28,000, and may influence other cryptocurrencies.

The jump signals return of fear after two months of calm market sentiment.