Crypto market sentiment stays in 'Fear' following Trump's deal with China

A crypto analyst said the crypto market crash earlier this month will be looked back on as one of the “bottom days in hindsight."

A widely used crypto market sentiment indicator has remained in uncertain territory despite improved clarity on trade relations between US and China, following US President Donald Trump’s announcement of a trade deal this week.

However, some crypto analysts suggest the announcement could soon have a positive impact on the crypto market.

The Crypto Fear & Greed Index, which measures overall crypto market sentiment, posted a “Fear” score of 37 on Sunday, up 4 points from its “Fear” score of 33 on Saturday. The slight uptick comes as the White House released a comprehensive statement outlining the trade agreement reached between Trump and Chinese President Xi Jinping.

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