Crypto Fear & Greed Index slips to 64, down 7 points in a day
- —Fear & Greed Index dropped to 64 from 71 a day earlier
- —Weekly reading was 74, monthly reading 69
- —A score of 64 still falls in the "greed" zone on Alternative.me's scale
- —The gauge tracks BTC volatility, momentum, volumes, social media and dominance
Why it matters: The decline points to a gradual cooling of risk appetite even as the market remains in greed territory.
Source: TokenPost