Fear and Greed Index Slides as BTC Drops Further
Bitcoin’s strong summer rebound appears to be losing momentum, with investor sentiment turning more cautious despite a period that has historically provided support for the crypto market. The world’s largest crypto was trading at roughly $82,000, putting it nearly 5% lower this week. Meanwhile, the crypto Fear and Greed Index dropped to 56, moving into neutral territory. The indicator had reached extreme greed sometime in August. The index ranges from zero to 100, with lower readings reflecting fear and higher levels signaling stronger risk appetite. It reached 82 on August 26, the highest level recorded this year. Bitcoin climbed to…





