The Crypto Greed and Fear Index has dropped to extreme fear yet again, after posting a 13 reading on Saturday, November 14. This level marks its lowest reading in roughly five months as a broad weekend sell-off accelerated, with Bitcoin dropping to $67,000 region. 

Crypto Sentiment Weakens Amid Broad Weekend Market Slump

Crypto market sentiment has continued to drop with the Crypto Fear and Greed Index registering 13 on Saturday, a level categorized as “extreme fear.” The index, which market participants use to measure the collective emotional state and sentiment of cryptocurrency investors on a scale from 0 (extreme fear) to 100 (extreme greed, has been cascading recently, having dropped from 53 (neutral) on the monthly…