The Crypto Fear & Greed Index has plummeted 19 points in a day, landing at a score of 50, marking its lowest since October 14. This decline has pushed the index into the 'Neutral' zone after being in 'Extreme Greed' and 'Greed' for three months. The drop coincided with Bitcoin's price falling below $92,000 on January 9, influenced by a report about the U.S. Department of Justice's actions regarding seized Bitcoin from Silk Road. Analysts also point to rising treasury yields and expectations surrounding the U.S. Federal Reserve's policies as contributing factors. Additionally, the U.S. spot Bitcoin exchange-traded funds experienced significant outflows of nearly $570 million on January 8. The index had recently peaked at 94 on November 22, amid positive responses to Republican Donald Trump's policies and speculation regarding a strategic U.S. Bitcoin reserve in 2025.

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