Bitcoin sentiment in ‘wild’ divergence from reality as $53K BTC triggers ‘extreme fear’

Bitcoin (BTC) has stabilized at around $55,000 after dropping by $6,000 in a single day — but crypto market sentiment is still in shock.

According to the Crypto Fear & Greed Index, as of Nov. 27, emotions are now at the most fearful since late September.

Crypto sentiment dives into “extreme fear”

Fear & Greed, which takes a basket of factors to compute a standardized sentiment score for crypto markets from 1-100, currently sits at 21.

Friday took its toll on the metric, the score more than…


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