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Bitcoin’s Oct. 29 UTC Close Falls 4.2% as Fear Index Drops to 30

Bitcoin’s Oct. 29 UTC Close Falls 4.2% as Fear Index Drops to 30

Photo: TokenPost

Bitcoin (BTC) posted a 4.2% decline in its latest completed UTC daily close as the Crypto Fear & Greed Index fell to 30, putting sentiment in fear territory ahead of October’s month-end boundary. BTC closed at $77,839 for Oct. 29, compared with $81,274 at the Oct. 28 close , a 4.2% drop. The index registered 30, classified as “Fear,” on Oct. 30, compared with 51, classified as “Neutral,” in its previous daily reading. Its scale runs from 0 to 100, with inputs that include volatility, market momentum and volume, social activity, Bitcoin dominance and search trends.

Source: TokenPost

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