The Crypto Fear and Greed Index, a measure of market sentiment, indicates that enthusiasm in the Bitcoin (CRYPTO: BTC) market has receded to “neutral” for the first time since October 2023, following the authorization of spot Bitcoin Exchange-Traded Funds (ETFs) in the United States. What Happened: As per the latest figures, the index places Bitcoin’s sentiment at a score of 52 out of 100, which means ‘neutral. This comes just days after the index briefly soared to an “extreme greed” rating of 76 amidst anticipation for the approved spot Bitcoin ETFs. The Index compiles and analyzes inputs fro…
