Crypto Fear & Greed Index Slides Back to Extreme Fear as Rate Hold Sparks Bullish Talk
On Wednesday, the Crypto Fear & Greed Index slipped back into "Extreme Fear" even as traders turned upbeat after the US Federal Reserve kept interest rates unchanged at 3.5–3.75%. Bitcoin was trading around $70,150 at the time of the decision, down more than 4% over the prior 24 hours. Social-media optimism jumped sharply, but the sentiment gauge continued to signal stress across the market.