The Crypto Fear & Greed Index has dropped to 48, indicating a 100-day low point for crypto market sentiment.
The Crypto Fear & Greed Index has hit a 100-day low as Bitcoin (BTC) continues to drop following the approval of spot exchange-traded funds (ETFs) in the United States.
On Jan. 24, the index dropped to a score of 48, placing it within the “Neutral” sentiment range — a two-point drop from the day prior and a 15-point drop from the same day last week when sentiment flashed “Greed.”
It marks a 100-day low point for the index, which saw a score of 47 on Oct. 16, 2023, when Bitcoin was trading just above $28,500, per Cointelegraph Markets Pro.
