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The Crypto Fear and Greed Index has just tipped into the “Extreme Fear” zone for the first time in two years, as United States spot Bitcoin exchange-traded funds reported outflows of $168.4 million in trading on Aug. 5. The index, which measures market sentiment for Bitcoin and the broader cryptocurrency industry, fell to a score of 17 out of 100 on Aug. 5 — the lowest it has been since July 12, 2022. The index score was 67 this time last week on July 29 — marking one of the biggest week-to-week declines in recent years. It comes as spot Bitcoin (BTC) ETFs reported $168 million in outflows on …

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