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Crypto Fear and Greed Index Drops to Second Lowest Level of 6 Since 2018 as Bitcoin loses Crucial $20k Support

Summary: The crypto fear and greed index is currently at a 6, the second-lowest since August 2018, when it fell to a value of 5. Bitcoin has lost the crucial $20k support level and hit a local low of $18,742, with the weekend possibly opening the doors to more losses. A drop below

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Fear & Greed Index hits lowest since March 2020 even as Bitcoin price hits $30.5K

Bitcoin (BTC) returned to $30,500 on May 17 amid hopes that a retest of 2017 highs could be avoided.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$20,000 retest ‘highly unlikely’Data from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing after the daily close to tentatively build on $30,000.Still, in a multi-day range,

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