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Crypto Fear and Greed Index Falls to 50, Returns to Neutral

Friday’s reading was labeled neutral, following a greed classification the day before.

Updated 1 min read
A commuter checks a phone at Seoul Station in Seoul, South Korea. / EconoTimes.ai
A commuter checks a phone at Seoul Station in Seoul, South Korea. / EconoTimes.ai

Alternative.me’s Crypto Fear and Greed Index fell to 50 on Oct. 23, returning the gauge to neutral after two consecutive readings in the greed category earlier in the week.

The index stood at 63 on Oct. 21, then registered 68 on Oct. 22. Both scores were labeled greed, while Friday’s reading was 18 points below Thursday’s.

EconoTimes covered Thursday’s reading of 68 in an earlier update.

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