Santiment: The market is in extreme fear due to factors such as the Bybit hack and the issuance of LIBRA

ChainCatcher message, Santiment posted on the X platform that due to the Bybit hack causing a stir in the crypto space, along with concerning news this week regarding LIBRA and other contributing factors, the crowd is exhibiting extreme fear as Bitcoin plummets.

According to sentiment scores, the negative sentiment in the crypto community is similar to the situation before the price rebound on February 17 and 18. While nothing is certain, and a major exchange hack could have a lasting impact on the crowd's perception, remember that the market almost always moves in the opposite direction of retail traders' expectations.