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Bitcoin Sentiment Gauge Falls to 20, Returning to Extreme Fear

The index was at 28, in Fear, Thursday; Friday’s score was five points below its Nov. 7 reading.

Updated 1 min read
A pedestrian checks a smartphone on Margaretenstraße in Hamburg, Germany. / TokenPost.ai (macro)
A pedestrian checks a smartphone on Margaretenstraße in Hamburg, Germany. / TokenPost.ai (macro)

Alternative.me’s Crypto Fear & Greed Index fell to 20 Friday, placing its Bitcoin (BTC) sentiment gauge in extreme fear after it stood at 28 Thursday.

The score dropped eight points in one day. The index classified Thursday’s reading as Fear and Friday’s as Extreme Fear.

Alternative.me’s index also recorded 25 on Nov. 7, five points above Friday’s score. EconoTimes previously covered that reading.

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