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#Crypto #Crash Pushes Fear & Greed Index to Lowest Since #Bitcoin Traded at $17K in Early 2023

Source: https://www.coindesk.com/markets/2024/07/05/crypto-crash-pushes-fear-greed-index-to-lowest-since-bitcoin-traded-at-17k-in-early-2023/

Seized #BTC sales by the German and U.S. governments, and sell pressure from Mt. Gox user refunds create multibillion-dollar overhang, SynFutures' Rachel Lin said.

#money #market #news #technology #cryptocurrency #usa #germany

Crypto Crash Pushes Fear & Greed Index to Lowest Since Bitcoin Traded at $17K in Early 2023

The widely-followed sentiment metric hit extreme greed levels earlier in March near the local top of the crypto market, but now is pushing its limits in the opposite direction.

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