Crypto market sentiment has turned “neutral” for the first time since October 2023. According to the ‘Crypto Fear and Greed Index,” sentiments turned “neutral” following almost three months in the “greed” phase.
The Crypto Fear and Greed Index, an indicator of crypto market sentiment, has entered the “neutral” phase after spending three months in “greed.” The recorded change in market sentiment comes just days after the SEC greenlit 11 spot bitcoin exchange-traded funds in the US.
Investors are Feeling Neutral After Months of Greed
The Crypto Fear and Greed Index, an indicator of crypto market sentiment, entered the “neutral” phase on Monday after being in “greed” since mid-October 2023. The index, aimed at managing emotional behaviour in the crypto market, is a handy tool to gauge investor sentiment. At the time of reporting, the Index measured 52.
Source: Alternative.me
On the one end of the index is “extreme fear”, which indicates investors
We współpracy z: https://cryptodaily.co.uk/2024/01/crypto-fear-and-greed-index-turns-neutral-following-spot-bitcoin-btc-etf-approvals
