Crypto Market Fear Subsides Significantly, Today's Fear and Greed Index at 45

February 23rd — According to Alternative Data, today’s Crypto Fear & Greed Index stands at 5 (down from 9 yesterday), deepening the market’s extreme fear. Note: The index ranges from 0 to 100, with components including: Volatility (25%), Market Trading Volume (25%), Social Media Hype (15%), Market Surveys (15%), Bitcoin Dominance (10%), and Google Trends Analysis (10%).

**Gold, Silver Rise on Asian Risk Aversion; Trump’s Tariff Plan Reignites Trade Tensions** February 23 – Gold and silver prices gained during the Asian morning session, driven by risk-averse sentiment in markets. Former U.S. President Donald Trump said Saturday he would hike the global tariff rate to 15% to replace multiple tariffs the Supreme Court had ruled illegal. Analysts at ANZ Bank noted in a research report that Trump’s latest move has reignited trade tensions, which could boost safe-haven buying and support further upside for gold and silver. (Source: FX168)

As of February 23, Onchain Lens monitoring shows Ethereum co-founder Vitalik Buterin has sold 1,694 ETH over the past 36 hours, totaling approximately $3.31 million. Since February 2, he has offloaded a total of 8,651 ETH at an average price of $2,077, translating to roughly $17.97 million. He still holds 10,676 ETH (valued at around $20.86 million) that is available for sale.

February 22 — Per Alicharts data, centralized cryptocurrency exchange (CEX) stablecoin reserves have dropped 14% over the past three months, falling from $750 billion to $645 billion.

February 22nd, per Barchart analysis, MicroStrategy (MSTR) holds 717,131 bitcoins—worth roughly $48.7 billion at recent prices. By contrast, the firm’s debt stood at $8.2 billion as of end-2025, meaning its assets are nearly six times its liabilities. That confidence led CEO Phong Le to note during the earnings call that Bitcoin would need to drop to $8,000 per coin **and stay there for 5-6 years** for MSTR to face genuine challenges repaying its convertible bonds. Additionally, all of MSTR’s bitcoins are unencumbered, so there’s no risk of forced liquidation. The company’s annual debt interest and dividends total $888 million. To address this, MSTR plans to set aside $2.25 billion in cash reserves in Q4 2025—enough to cover over 30 months of payments without touching its Bitcoin. Notably, its first major debt maturity is September 2027, giving the firm ample breathing room. Analysts say MSTR’s real pressure isn’t solvency but growth potential in a bear market. For context: Du

On February 22, MicroStrategy founder Michael Saylor once again released information related to its Bitcoin tracker. Per past practice, MicroStrategy typically discloses its additional Bitcoin holdings the day after related news is released.