Crypto Fear & Greed Index Falls to ‘Fear’ Level: ARK Buys Robinhood, Strategy Hits Four-Month Low

The Crypto Fear & Greed Index dropped into ‘Fear’ territory today as the strategy indicator hit a four-month low. Meanwhile, ARK Invest purchased shares of Robinhood and Bullish reported positive sentiment about crypto. A Fed official also suggested that staff should be allowed to hold crypto assets, adding further context to this developing narrative.