Crypto Fear and Greed Index turns neutral for first time since January: Is $100K BTC next?

The Crypto Fear and Greed Index

Crypto Fear and Greed Index turns neutral for first time since January: Is 0K BTC next?

Crypto Fear and Greed Index turns neutral for first time since January: Is $100K BTC next?

The Crypto Fear and Greed Index hit

Binance stablecoin netflows. Source: CryptoQuant

Recent data shows a sustained drainage phase, with daily outflows exceeding $1.5 billion across multiple sessions. Earlier in April, Binance saw consistent inflows as Bitcoin climbed from $74,000 toward $78,000. That inflow cycle has now reversed.

Market analyst Crazzyblockk noted that the earlier buildup of stablecoin reserves helped fuel the upward movement. The current outflow trend suggests this pool of deployable capital has thinned in the short term, potentially tempering the bullish momentum for BTC and other crypto assets. 

Related: Crypto products post 5th straight week of inflows despite mid-week selloff

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