Crypto Fear And Greed Index Hits Lowest Since October As Bitcoin Sinks Below $92K

The
Crypto
Fear
and
Greed
Index
plummeted
to
its
lowest
level
since
Oct.
14
after
Bitcoin’s
price
plunged
below
$92K
yesterday.

The
Index


stands

at
50,
signaling
“Neutral”
sentiment
in
the
crypto
market,
after
a
19-point
drop
over
the
past
day. 

Bitcoin
Makes
A
Slight
Recovery
As
Crypto
Fear
And
Greed
Index
Shifts
From
“Greed”
To
“Neutral”

The
recent
drop
in
the
Crypto
Fear
and
Greed
Index
also
marks
a
24-point
drop
over
the
past
7
days,
as
crypto
investor
sentiment
shifts
from
“Greed”
to
“Neutral.”
After
falling
to
a
24-hour
low
of
$91,220.84
in
the
last
trading
session,
BTC
has
since
been
able
to


recover

to
trade
at
$94,093.96
as
of
1:45
a.m.
EST.

????

#Crypto
Fear
and
Greed
Index

????
Index
Value
:
50
????
Sentiment
:
Neutral
????

$BTC

pic.twitter.com/rRbASbB0K0

—
Crypto
with
Ankit
(@Cryptowithankit)

January
10,
2025

Despite
the
recovery,
the
leading
crypto
is
still
down
over
the
past
24
hours,
and
is
more
than
2%
in
the
red
on
the
7-day
time
frame. 

Bitcoin’s
recent
pullback
comes
after
the
US
government
received
the
greenlight
to
sell
$6.5
billion
worth
of


Bitcoin

that
was
seized
from
darknet
marketplace
Silk
Road.

Analysts
also
say
that
the
drop
in
the
BTC
price
is
being
triggered
by
growing
uncertainty
over
how
much
scope
the
US
Federal
Reserve
has
to
cut
interest
rates
this
year.

Cardano
The
Only
Top
10
Crypto
To
Record
A
24-hour
Gain

Many
other
crypto
majors
followed
BTC’s
lead
and
suffered
24-hour
losses.
Only


Cardano

(ADA)
was
able
to
withstand
the
selling
pressure
to
record
a
minor
gain
in
the
last
day. 

Altcoin
leader
Ethereum
(ETH),
remittance
token
XRP
and
leading
meme
coin
Dogecoin
(DOGE)
all
saw
their
prices
retrace
more
than
1%.
Tron
(TRX),
the
10th
largest
crypto
by
market
cap,
took
the
biggest
hit
in
the
top
10
list
after
losing
over
2%
in
the
last
24
hours.

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