Crypto Fear & Greed Index drops to 53, leaving greed zone for first time in a month
- —Fear & Greed Index fell to 53, entering neutral territory for the first time in a month
- —Bitcoin dropped close to $80,000 as markets focus on macro factors
- —Over the past nine years, October never closed more than 3.83% lower for BTC
- —In some years November brought Bitcoin losses exceeding 17%
Why it matters: The shift to neutral sentiment signals market caution ahead of the Fed meeting and US midterms, with elevated volatility likely.
Source: Siam Blockchain