The Bitcoin Fear and Greed Index plunges to its lowest since early 2023
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On July 9, multiple on-chain data tracking platforms, including Glassnode and Cryptorank, recorded the Bitcoin Fear and Greed Index at 27. The market sentiment metric is the lowest since the beginning of 2023, when it hit 26. At the time, BTC dropped below $17,000 after the FTX bankruptcy saga.

Source: Cryptopolitan