Crypto Market in Extreme Panic: Fear Index Hits 13 as Leveraged Traders Liquidated
By
Sigrid Voss
3h ago· 7 min readenInsight
100/100
Golden Brown
Bagelometer↗
Crisp on the outside, thoughtful on the inside. A keeper.
Score100TypeanalysisSentimentvery negative
Summary
The crypto market is experiencing extreme panic with the Fear and Greed Index at 13, indicating a capitulation phase. Total market cap is approximately $2.16T, down 2.34-2.52% in 24 hours, while trading volume has spiked to $159.3B. Leveraged traders are being forced out as derivatives markets show significant liquidations. The article provides a market overview for June 6, 2026, covering the sell-off and heightened trading activity.
Key quotes
· 3 pulledThe crypto market is in a state of extreme panic, with the Fear and Greed Index hitting 13.
This level of sentiment usually points to a capitulation phase where investors sell off assets in a rush.
While prices are falling, trading volume is spiking.
Crypto Market Overview Leveraged traders forced out June 6, 2026 Market overview The crypto market is in a state of extreme panic, with the Fear and Greed Index…
