Crypto Market Sentiment Cools to Neutral
The cryptocurrency market is entering a consolidation phase as speculative momentum cools. CoinMarketCap’s Fear & Greed Index dropped to 57/100, slipping from yesterday’s 59 and well below July’s “Greed” zone at 68.
The shift reflects a tempering of bullish exuberance despite Bitcoin holding near $117,000 and total crypto market capitalization remaining above $3.85 trillion.
While institutional signals continue to flash bullish — highlighted by the Federal Reserve ending its crypto banking scrutiny program and Ethereum ETFs attracting $2.31 billion in weekly inflows — traders are increasingly cautious. Technical charts show the market cap is now testing resistance at the $4.04 trillion Fibonacci level, a…
