The Crypto Fear and Greed Index has fallen to 48, with market sentiment hitting a 100-day low
Approval of the exchange-traded fund (ETF) for spot trading in the United States, as Bitcoin (BTC) continues to fall, the cryptocurrency fear and greed index has reached a 100-day low.On January 24th, the index fell to 48 points, in the "neutral" emotional range, down 2 percentage points from the previous day.According to data from Cointelegraph markets Pro, the index hit its lowest point in 100 days. The fear and greed index for cryptocurrencies scored 47 on October 16, 2023, when Bitcoin was trading slightly above $28,500.
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