05-07-2024 05:00 via newsbtc.com

Bitcoin Traders Sink Into ‘Fear’ As Price Crashes Below $58,000

Data shows that Bitcoin traders’ sentiment has declined into ‘fear’ after the price crash the cryptocurrency has seen during the past 24 hours.
Bitcoin Fear & Greed Index Is Now Suggesting A Fearful Market
The “Fear & Greed Index” is an indicator created by Alternative that tells us about the average sentiment currently held by traders in the Bitcoin and wider cryptocurrency market.
The index uses a scale from zero to a hundred to represent the sentiment. Th
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