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Cryptocurrency Sentiment Index Drops to October Levels as Bitcoin Drops Below $92K
The market sentiment index has not reached “neutral” territory since October 14, when Bitcoin was trading around $63K.
The Cryptocurrency Fear and Greed Index — a gauge of Bitcoin and broader crypto market sentiment — dropped 19 points in a single day to its lowest level since October 14.

The drop to a score of 50 out of 100 is one of the largest daily declines for the index in the past few years, sending market sentiment into “neutral” territory after three months in the “extremely greedy” and “greedy” zones. Bitcoin fell below $92,000 on January 9, following a report that the US Department of Justice had been given the green light to sell $6.5 billion worth of the 198,000 bitcoins seized from Silk Road, though none have been sold yet. Analysts also attributed the drop to expectations that the US Federal Reserve could tighten monetary policy in 2025, which would weigh on Bitcoin and the broader cryptocurrency market$BTC $XRP $BNB #USJoblessClaimsDrop #BNBBhutanReserves