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Crypto sentiment index drops to October levels as Bitcoin dips under K

Crypto sentiment index drops to October levels as Bitcoin dips under $92K

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Source: Coin Telegraph

The market sentiment index score hasn’t been in the “Neutral” zone since Oct. 14, when Bitcoin was trading at around $63,000.

The Crypto Fear & Greed Index — a measure of Bitcoin and the broader crypto market sentiment — fell 19 points in a day to its lowest score since Oct. 14.

The plunge to a score of 50 out of 100 is one of the index’s biggest daily drops over the last few years, causing market sentiment to plunge into the “Neutral” zone after three months in the “Extreme Greed” and “Greed” zones.

Change in Crypto Fear & Greed Index score over the last day. Source: Alternative.me

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Author: Brayden Lindrea