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Bitcoin Spooked? Crypto Fear and Greed Index Drops to Pre-Rally August Lows
Bitcoin is trading just above $82,000, down close to 5% for the week, while the cryptocurrency market's Fear and Greed Index fell to 56 on Monday, a "neutral" reading, after reaching "extreme greed" in late August.
The Fear and Greed Index is a 0-to-100 gauge that measures investor appetite, where 0 is extreme fear and 100 extreme greed. The index peaked at 82 on Aug. 26, its high for the year, and read 68 a month ago.
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.