Recently, Bitcoin has led the market downward, and the cryptocurrency market has once again been shrouded in a mood of panic. According to data from Alternative.me, the Crypto Fear & Greed Index has fallen to 10 in the past 7 days, reaching a new low since June 2022, and is at an extremely fearful level. PANews has compiled the cyclical fluctuations of the cryptocurrency market in recent years, and from the perspective of the key factors that have triggered panic moments, including macroeconomic factors, internal crises in the industry, the bursting of speculative bubbles, and regulatory pressure.
