Crypto sentiment drops amid unease over US market structure bill

The Crypto Fear & Greed Index has dropped by 12 points to 'neutral' as anxiety mounts over the future of a long-awaited crypto bill in the US. This decline highlights the market's reaction to regulatory uncertainty, with investors keeping a close eye on the progress and implications of the legislation. The overall sentiment in the crypto market has turned cautious, with heightened volatility impacting major cryptocurrencies like Bitcoin and Ethereum. As investor confidence weakens, the market outlook remains uncertain, prompting traders to adopt a more conservative approach.