TechFlow reported that after the U.S. approved spot exchange-traded funds (ETFs), the cryptocurrency fear and greed index hit a 100-day low as Bitcoin (BTC) continued to decline.
The index dropped to 48 today, falling into the "neutral" sentiment range, down two points from the previous day.
According to Cointelegraph Markets Pro data, this marks the lowest level in 100 days. The cryptocurrency fear and greed index last recorded a score of 47 on October 16, 2023, when Bitcoin was trading slightly above $28,500.
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