Google worldwide search volume for “crypto” has hit a one-year low, reflecting weak investor sentiment as the market cap dropped from $4.2 trillion to $2.4 trillion. US search volume peaked in July, dropped in January, then surged in February. The Crypto Fear & Greed Index is at record lows, signaling “extreme fear.”
The collapse of Terra in 2022 triggered a wave of liquidations and accelerated the bear market. Investors are now looking for signs that the market has bottomed before entering. Crowd sentiment is very bearish, with negative comments at their highest since December. The search for a market turnaround continues.
Read more at Cointelegraph: Google Search Interest in ‘Crypto’ Near 1-Year Lows Amid Market Crash
