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Crypto Fear & Greed Index Falls to 26 as Bitcoin (BTC) Trades Below $78,000

As of 10:20 a.m. ET (15:20 UTC) Tuesday, Ether (ETH) traded at $2,286.48, down 0.08% over 24 hours. The Nasdaq and Philadelphia Semiconductor Index fell at Monday’s close.

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A customer checks a phone beside a Bitcoin ATM in a New York City convenience store. / EconoTimes.ai
A customer checks a phone beside a Bitcoin ATM in a New York City convenience store. / EconoTimes.ai

As of 10:20 a.m. ET (15:20 UTC) Tuesday, Bitcoin (BTC) traded at $77,293, below $78,000; Alternative.me’s Crypto Fear & Greed Index stood at 26, down 11 points from Monday and still in fear territory.

Alternative.me’s index was at 37 Monday. It classifies 26 as fear; readings below 25 are in extreme fear. Alternative.me says the measure draws on Bitcoin volatility, market momentum and trading volume, social media activity, market dominance and search trends. Its survey component is paused. EconoTimes has previously covered the gauge’s calculation and inputs.

As of 10:20 a.m. ET (15:20 UTC) Tuesday, Ether (ETH) traded at $2,286.48, down 0.08% over 24 hours.

Semiconductor shares led Monday’s declines: the Philadelphia Semiconductor Index finished at 10,328.33, down 3.37%, and the Nasdaq settled at 25,164.32, down 1.07%. The Dow Jones Industrial Average gained 0.41% to 51,983.98, while the S&P 500 lost 0.51%, ending at 7,541.40.

U.S. midterm results were among near-term market watchpoints, with voting scheduled for Tuesday, Nov. 3.

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