The Fear & Greed Index is at 69 (NICE!), which indicates greed in the crypto market and is the highest score in 517 days
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The Crypto Fear & Greed Index represents the levels of fear and greed in the crypto market. The scale varies from 0 (extreme fear) to 100 (extreme greed). Today, this index shows Greed with a score of 69 out of 100. This is after Bitcoin pumped 100% since the November 2022 low. The current sentiment is the most greedy it has been (i.e., the highest score) all the way since the November 2021, back when Bitcoin made its all time high at $69K. This feels like ages ago, because by now, it is 1.5 years back. The last time Bitcoin was 69 or higher was 517 days ago! Back then, however, this level of greed was seen when Bitcoin was still above $55K. So from that perspective, being at 69 is at a much lower value is not ideal. meme bonus submitted by /u/Beyonderr |
