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Crypto Fear and Greed Index Hits 25, Sliding From Greed to Extreme Fear in a Month

Source
JH Kim

Summary

  • The crypto Fear and Greed Index entered the extreme fear zone after falling to 25.
  • The index dropped 39 points from 64 a month earlier, signaling weaker investor sentiment.
  • The Fear and Greed Index is measured on a scale of 0 to 100, with lower readings indicating stronger fear in the market.

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Photo: Shutterstock
Photo: Shutterstock

The cryptocurrency market's Fear and Greed Index fell to 25, pushing investor sentiment into the "extreme fear" zone.

Cointelegraph reported on Nov. 7 that the index was measured at 25. That marks a 39-point drop from 64 a month earlier.

A month ago, the index stood in "greed" territory. It has since fallen into the "extreme fear" range.

The Fear and Greed Index tracks investor sentiment in the cryptocurrency market on a scale of 0 to 100. A lower reading signals stronger fear in the market.

#Market Sentiment
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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