[Wu Blockchain News] Crypto Fear & Greed Index falls to 30 after Binance hack CryptoQuant said the C...
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
The Crypto Fear & Greed Index fell to 30, versus a 30-day average of 56, after the October 29 Binance hack, according to CryptoQuant. The index had already dropped from 68 on October 22 to 51 before the incident, indicating sentiment was weakening ahead of the attack. CryptoQuant said a sustained recovery in both sentiment and price is needed to confirm an improvement.
Muhabbit's AI wrote this summary in its own words from Telegram's report. It can get details wrong, so check the source.
Named in this story
Binance, Crypto Fear & Greed Index, CryptoQuant