Crypto Fear & Greed Index Peaks High — Know More Here!
If you are proficient in the world of crypto, chances are you have heard about the Crypto Fear and Greed Index!
But if you are not, then let’s understand it!
Just like any other go-to economic metrics (Consumer Confidence Index, Volatility Index, etc.), the Crypto Fear and Greed Index is a major tool to assess crypto market sentiments.
What’s the buzz surrounding this Index?
Well, the big news is that the Crypto Fear and Greed Index has hit its highest level since November 2021. With Bitcoin’s price peaking at an all-time high, the Index surged as high as 79.
Now, hitting the 79 mark screams one thing — the crypto market is in the grip of an “extreme greed” zone.
But wait, what caused the Crypto Fear and Greed Index to soar to such heights? What does the surge signify for the crypto market?
Curious? Dive into this blog to find out!
