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Crypto Fear & Greed Index Drops 3 Points to Extreme Fear

Crypto Fear & Greed Index Drops 3 Points to Extreme Fear

  • The crypto Fear & Greed Index stood at 25, putting it in Extreme Fear territory.
  • Bitcoin (BTC) was trading at $76,565, up 1.44%% from a day earlier.
  • Bitcoin fell below $75,000 a day earlier, as the crypto market posted a sharp decline.

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Photo: Screenshot from the Alternative website
Photo: Screenshot from the Alternative website

A gauge of investor sentiment in the cryptocurrency market has fallen into extreme fear after the US and Iran failed to reach an agreement, damping risk appetite.

Alternative said on May 24 the Crypto Fear & Greed Index fell 3 points from the previous day to 25.

As of 9 a.m. in Korea on May 24, Bitcoin was trading at $76,565, up 1.44% from a day earlier, according to CoinMarketCap….

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