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The Crypto Fear and Greed Index has dropped to 48, market sentiment hits a 100-day low

The Crypto Fear and Greed Index has dropped to 48, market sentiment hits a 100-day low

2024/01/24 01:43
BTC-0.10%
After the United States approved the trading of Exchange Traded Funds (ETFs), with Bitcoin (BTC) continuing to fall, the cryptocurrency fear and greed index touched a 100-day low.
 
Today, this index fell to 48 points, in the "neutral" mood range, down 2 percentage points from the previous day.
 
According to data from Cointelegraph markets Pro, this index has reached its lowest point in 100 days. The cryptocurrency fear and greed index scored 47 on October 16th, 2023 when Bitcoin was trading slightly above $28,500.
 
 
 
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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