The Crypto Fear and Greed Index, a barometer for Bitcoin and wider crypto market sentiment, has plunged to its lowest level in 18 months. The index dropped 21 points on June 24, landing in the "Fear" zone, a score between 24 and 50. The last time it was this low was on January 11, 2023, when Bitcoin was trading at $17,200. This comes amid over $1 billion in outflows from Bitcoin ETFs in the past 10 trading days and news of potential large-scale Bitcoin sales by Mt. Gox and Germany. Bitcoin is currently trading at $60,300, a seven-week low.