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Crypto Fear & Greed Index drops to 30 following Binance hack

Crypto Fear & Greed Index drops to 30 following Binance hack
AI summary

The Crypto Fear & Greed Index fell to 30 after a hack at Binance, pushing the gauge into fear territory. The incident highlights security weaknesses at major exchanges and weighs on investor confidence. Traders will watch whether the reading recovers or slides further, since exchange breaches often trigger short-term selling pressure.

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