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Crypto Fear and Greed Index Falls to 10, Remains in Extreme Fear

Source
Uk Jin

Summary

  • The Crypto Fear and Greed Index recorded 10 points, keeping the market in extreme fear.
  • Bitcoin (BTC) was trading at $63,759, down 6.39% from a day earlier.
  • Weakness in altcoins deepened, with Ether, BNB and Solana among the decliners.

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Photo: Screenshot from the Alternative website
Photo: Screenshot from the Alternative website

Investor sentiment in the cryptocurrency market remained in extreme fear as Bitcoin's weakness kept the Crypto Fear and Greed Index at that level.

According to Alternative on November 15, the index stood at 10, down 3 points from a day earlier.

The reading suggests investor sentiment froze as the market downturn deepened.

As of 9:35 a.m., Bitcoin was trading at $63,759, down 6.39% from a day earlier, according to CoinMarketCap.

Altcoins were weaker still. Ether fell 9.12%, BNB lost 8.29%, XRP dropped 8.45%, Solana slid 10.49%, Tron declined 1.59%, Hyperliquid tumbled 10.21%, and Zcash fell 7.88% from a day earlier.

#Market Sentiment
Uk Jin

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.

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