Crypto Fear And Greed Index Sinks To 21 As ETH And XRP Hit Lows
The Crypto Fear and Greed Index fell to 21 as Ethereum and XRP reached multi-month lows amid broader market declines.
The Crypto Fear and Greed Index declined to a reading of 21, entering extreme fear territory, according to Crypto Briefing. The drop coincided with Ethereum ($ETH) and XRP ($XRP) touching multi-month lows.
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The deterioration in market sentiment reflects broader downward pressure across major digital assets. Both Ether and Ripple's native token experienced significant selling, dragging down valuations across the wider cryptocurrency ecosystem.
Key facts
- The Crypto Fear and Greed Index dropped to 21.
- Sentiment shifted into extreme fear.
- Ethereum and XRP hit multi-month lows during the session.
Source: news.google.com
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