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Fast-Track Insights: Fear & Greed Index Peaks Since BTC's 2021 High
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According to a well-known indicator that gauges market mood, traders have entered a phase of "extreme greed" as a result of the price of bitcoin climbing to far above US$49,000 and the rise in other cryptocurrency assets. The Fear & Greed Index gauges investor excitement for Bitcoin and other well-known digital assets. It is released by a data provider alternative. me. The last time the index achieved a score of 79 out of 100 was in November 2021, at the peak of the bitcoin market, which was about US$69,000.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.