The greed and fear index leans towards fear with the decline of #البيتكوين to less than $100,000
The greed and fear index in crypto shows a lean towards fear, with the sharp decline in major cryptocurrencies, due to concerns in the markets after rising tensions in the Middle East, following the American attacks on Iranian nuclear sites.
The price of Bitcoin has dropped to less than $100,000, while the price of Ethereum has fallen by more than 10% in the past 24 hours, along with the decline of other cryptocurrencies.
The index's lean towards fear drives traders to sell, leading to price drops, amid uncertainty about the impact of the military escalation in the Middle East between America and Israel on one side and Iran on the other.
