Bitcoin (
As per the Crypto Fear & Greed Index, which measures aggregate crypto market sentiment, the average investor could not feel much more uneasy about the outlook.
As of Sep. 26, Fear & Greed recorded a score of 21/100, with 25/100 the boundary for “extreme fear.
Cold feet is nothing new to the market this year, which saw its longest-ever stint in “extreme fear” at over two months.
A potential silver lining could lie in social media interest, which saw a rebound over the weekend, Santiment noted.
“Among crypto’s top 100 assets, $BTC is the topic in 26%+ of discussions for the first time since mid-July,” it revealed in part of Twitter comments this week.
“Our backtesting shows 20%+ dedicated to Bitcoin is a positive for the sector.”
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