Crypto Fear and Greed index drops to October 2020 levels

With the Bitcoin (BTC) price dipping below a $29,000 threshold, the investor mood is worsening and the Crypto Fear and Greed index has plunged to October 2020 levels.

On Jan. 22, the Crypto Fear and Greed index sharply dropped to a value of 40, moving the market sentiment from “Extreme Greed” to “Fear.” The index dropped to this low for the first time since Oct. 3, 2020, when Bitcoin was trading at around $10,500.

Crypto Fear and Greed Index one-year chart. Source:…

… Continue Reading at: cointelegraph.com [source]

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