Urgent Warning: Crypto Fear & Greed Index Plunges to 28, What It Means for Your Portfolio

Are you feeling the chill in the crypto market? The Crypto Fear & Greed Index has taken a significant dive, plummeting 16 points from yesterday to a concerning reading of 28. This sharp drop firmly places market sentiment in the "Fear" stage, according to data from Alternative. For many investors, this number can be a stark indicator of prevailing uncertainty and anxiety. But what exactly does this index tell us, and how should we interpret such a low reading?