Crypto Fear and Greed Index hits 30, lowest level in 18 months
Crypto Fear and Greed Index is currently in the “fear” zone with a score of 30. This is the lowest sentiment measure for Bitcoin (BTC) in nearly 18 months. The Crypto Fear and Greed Index, a measure of market sentiment for Bitcoin ( BTC ) and the broader crypto market, has dropped to 30, the lowest score it has reached in over one and half years. While BTC has traded lower during the current market cycle and the Crypto Fear & Greed Index has fallen into the “fear” zone, this is the first time it has done so since January last year. Crypto Fear & Greed Index drop to 30 As Bitcoin price slipped below $60,000 on Monday, June 24, the index score nosedived more than 20 points to drop into the “fear” zone. The decline means the Bitcoin Fear & Greed Index is currently trending at levels last seen in January 2023. At the time, Bitcoin price was trading around $17,000 after the market reaction to the industry’s ...
