Greed

Ethereum

Bitcoin

Optimism

You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/market-sentiment-shifts-as-crypto-fear-and-greed-index-drops-to-neutral" rel="noopener noreferrer nofollow">Market Sentiment Shifts as Crypto Fear and Greed Index Drops to Neutral</a> 
Following a downturn in <a href="https://en.bitcoinhaber.net/bitcoin-etf-breaks-first-day-volume-record-a-milestone-for-crypto-market" rel="noopener noreferrer nofollow">Bitcoin</a> (BTC) and altcoins, the market sentiment has begun to shift. The Crypto Fear and Greed Index, which scores investor sentiment, has moved from “greed” to a “neutral” zone after staying in the greed section for three months.
The index, presented by Alternative.me, currently stands at a neutral score of 52 on a scale from 0 to 100. Low scores indicate “extreme fear,” while scores near 100 signify “extreme greed.”
The indicator remained in the “greed” category since October 24, 2023, and reached a peak of 76 points on January 9, 2024, amid expectations for the SEC’s approval of spot Bitcoin exchange-traded funds (ETFs). The index considers various factors, including volatility, market volume, social media, dominance, and trends.
Currently, Bitcoin is trading at $42,735 after a 0.27% decrease over the last 24 hours, with a 2.21% decline over the past week and a 0.41% increase over the last 30 days. Ethereum (ETH), the leading altcoin, has also seen a 1.50% drop in the last 24 hours, trading at $2,514.
The day’s top gaining altcoin is Sui (SUI), up 12.94% to $1.41, while the biggest loser is Optimism (OP), down 6.71%. The total market cap has fallen to $1.68 trillion, a 0.33% decrease in the last 24 hours, while the overall market volume has increased by 6.41% to $51.81 billion.
<h5>The post first appeared on BH NEWS: <a href="https://en.bitcoinhaber.net/market-sentiment-shifts-as-crypto-fear-and-greed-index-drops-to-neutral" rel="noopener noreferrer nofollow">Market Sentiment Shifts as Crypto Fear and Greed Index Drops to Neutral</a></h5>

Market Sentiment Shifts as Crypto Fear and Greed Index Drops to Neutral

BH NEWS

Other articles published on Jan 15, 2024

South Korea Eyes Regulation for Crypto Mixers Amidst Rising Concerns

BlackRock’s Bitcoin ETF Ads: Attracting the Wealthy, Not the Trendy

TrueUSD (TUSD) is Down to as Low as $0.99 – What’s Driving the Depeg from $1?

Significant Developments for Shiba Coin’s Future and Market Dynamics

Sui Price Skyrockets As TVL Triumphs Over Bitcoin

AI: French publishers eager for recognition and strategic agreements

Join our free newsletter for daily crypto updates!