Fear and Greed Index Plummets 20 Points Amid Global Recession Fears

Amid widespread market panic triggered by President Donald Trump’s «liberation» tariffs, the cryptocurrency fear and greed index plummeted to 25 points.

Within a day, the index dropped to a level of 20, indicating «extreme fear.»

A similar index for the stock market also reflects a state of panic.

On April 3, the U.S. stock market saw a decline of $1.65 trillion.

Axios has warned of the onset of a «third global recession.» This follows two such events after World War II: the financial crisis of 2008-2009 and the coronavirus pandemic in 2020.

If Trump’s «Liberation Day» tariffs remain in place, especially in light of retaliatory measures from affected countries, it could trigger a third economic shock of this magnitude in the past 17 years.

Additionally, on April 3, a theory emerged online suggesting that the new tariffs may have been conceived by artificial intelligence.

The Guardian highlighted concerns that the announcement of retaliatory tariffs against U.S. trading partners could set off a chain reaction, potentially escalating into a «worldwide economic war.»