Crypto Fear & Greed Index Drops 3 Points to Extreme Fear
Uk Jin
Summary
- 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.
Forecast Trend Report by Period
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. Ethereum gained 2.25%, while BNB rose 0.83% and XRP advanced 1.74%.
Despite the market's gains on May 24, cryptocurrencies posted steep losses a day earlier, with Bitcoin falling below $75,000.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
