Bitcoin's Greed & Fear Index Hits Record Low

Bitcoins Greed and Fear Index hits record low, indicating potential price bounce. Ten X Researchs index, which tracks market sentiment, has dropped to less than five points, suggesting extreme fear or pessimism among investors. Historically, readings below ten percent have marked tactical lows, where the market is likely to reverse course and see an upward trend. Despite a ten percent weekly loss and twenty-three percent monthly loss, Bitcoin has seen significant short-term rebounds after such lows.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.