According to CoinMarketCap data, the Crypto Fear and Greed Index rebounded to 19 in under 72 hours on June 13, rising 25% from the extreme fear level of 15 recorded earlier this week. The index is now moving out of extreme fear territory, signaling sentiment stabilization after a sharp 65% decline from around 40 in mid-May.
The rebound follows easing macro conditions, including a significant pullback in oil prices, which fell over 6.5% this week following the U.S.-Iran peace deal, reducing near-term inflation concerns. Meanwhile, the total crypto market cap remains under pressure, down 0.27% on the week as part of a 4-week downtrend with over $500 billion in outflows, though Bitcoin dominance has climbed 0.6% as capital rotates toward core assets, suggesting early signs of a potential market bottom forming.