Crypto sentiment index dips back to March ‘fear’ levels amid Binance lawsuit By Cointelegraph
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The Crypto Fear and Greed Index — a tool that measures broader market sentiment towards and the broader crypto market — has dipped to a level of “fear” not witnessed since March 11 this year, when Circle’s USD coin (USDC) briefly lost its dollar-peg.
The stumble in market sentiment on June 5 comes in the wake of the United States Securities and Exchange Commission filing a lawsuit against Binance, its U.S. arm of operations and its CEO, Changpeng Zhao.
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The Crypto Fear and Greed Index — a tool that measures broader market sentiment towards and the broader crypto market — has dipped to a level of “fear” not witnessed since March 11 this year, when Circle’s USD coin (USDC) briefly lost its dollar-peg.
The stumble in market sentiment on June 5 comes in the wake of the United States Securities and Exchange Commission filing a lawsuit against Binance, its U.S. arm of operations and its CEO, Changpeng Zhao.
Continue Reading on Coin Telegraph
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