Bitcoin has seen a significant drop, with its price falling by 13.5% to $93,460 after reaching an all-time high of $108,268 in December. This decline represents a cooling of market sentiments as the year comes to a close.
The Crypto Fear & Greed Index, a prominent sentiment indicator, has plunged to 65 from a peak of 94 in November. This shift signals a decline in investor enthusiasm and a more cautious market environment moving into the new year.
These trends highlight the volatility of the cryptocurrency market and the rapid changes in investor sentiment that can occur.
Source : www.thecoinrepublic.com ↗
