
Crypto Fear and Greed Index falls to 50, shifting to neutral
- —Index dropped from 68 to 50 in a day, an 18-point decline
- —A week ago it was 63 and a month ago 71, both in "greed" territory
- —The index is derived mainly from bitcoin, not individual coins
Why it matters: The sharp cooling in sentiment to neutral coincided with BTC sliding toward $81K and may signal a shift in trader positioning.
Source: TokenPost