The market sentiment value is 5, extreme fear. Throughout cryptocurrency history, it has only dipped to 5 twice. Even during the Luna crash that resulted in $40 billion in liquidations, the market sentiment only reached 6. The other crash was during the 2019 bull market correction. Interestingly, the summary provided by AI indicates that multiple exchanges led by Binance were hacked (May 2019), causing panic in the market. In August, the market sentiment reached an extreme fear level of 5, three months later. This time it was the 10.11 crash across the network; everyone has their own views on who to blame.
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