Crypto Fear & Greed Index Falls 3 Points to Extreme Fear

The Crypto Fear & Greed Index, a gauge of investor sentiment in the digital-asset market, fell into the “Extreme Fear” zone as risk appetite weakened after the US and Iran failed to reach an agreement.

Alternative said on May 24 the index fell 3 points from a day earlier to 25.

As of 9 a.m. in Korea, Bitcoin was trading at $76,565, up 1.44% from a day earlier, according to CoinMarketCap. Ethereum rose 2.25%, while BNB gained 0.83% and XRP added 1.74%.

Although cryptocurrencies were trading higher on May 24, the market posted steep losses a day earlier, with Bitcoin falling below $75,000.