Crypto Sentiment Shifts as Fear & Greed Index Drops to 61

The Crypto Fear & Greed Index recently dipped to 61, signaling a move away from excessive optimism and a shift towards cautiousness. This decrease marks a significant change from last week’s high of 76, indicating a more subdued market mood that may be influencing investment behavior. Several factors, including decreased investor enthusiasm for ETFs and the underperformance of altcoins, are driving this shift. The reduced bullish sentiment is impacting trading decisions among investors as they watch how it affects Bitcoin (BTC) and other cryptocurrencies.