Bitcoin Spooked? Crypto Fear and Greed Index Drops to Pre-Rally August Lows

After a red hot summer lifted Bitcoin and the rest of crypto out of a brutal bear market, sentiment has now clearly shifted, bucking typically reliable seasonal trends. Bitcoin is now trading just above $82,000, down close to 5% for the week, and the cryptocurrency market’s Fear and Greed Index fell to 56 on Monday, a “neutral” reading, after reaching “extreme greed” in late August. Myriad: How low will Bitcoin go? Click to make your prediction. The Fear and Greed Index is a 0-to-100 gauge that...