Bitcoin Spooked? Crypto Fear and Greed Index Drops to Pre-Rally August Lows
Summary
The Crypto Fear and Greed Index has fallen to 56, matching levels last seen before the August market rally. This notable decline follows negative pressure on Bitcoin in October, driven by rising oil prices, higher bond yields, and outflows from exchange-traded funds.
The Crypto Fear and Greed Index has dropped to 56 from an August peak of 82, as oil, bond yields, and ETF outflows hit Bitcoin in October.
Source: Read the full story at Decrypt
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