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Crypto Market Sentiment Dips as Fear and Greed Index Slides to 61

  • The Fear and Greed Index in the crypto market has decreased to 61, indicating a moderation in investor sentiment compared to previous days.
  • The index has fallen from 65 yesterday and 76 last week, showing a downward trend in bullish momentum despite overall positive sentiment.
  • Yearly extremes of the index include a high of 88 (Extreme Greed) and a low of 15 (Extreme Fear) on specific dates.
  • The dip in sentiment may be attributed to factors such as recent ETF outflows, altcoin losses, and growing caution due to uncertain macroeconomic and regulatory developments.

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