Crypto Fear Greed Index Hits Highest Level Since 2021 As Btc Holds 23K
In particular, as of January 30, the index registered a reading of 61, representing greed, the highest level since November 2021 when the crypto market was in a bull run, according to data by Coinglass. The level of sentiment reading represents a significant spike from 25 recorded in December 2022, when the crypto market was plagued by bearishness. Indeed, the new reading reflects a significant shift in the crypto market towards a state of greed as investors express confidence in the future performance of cryptocurrencies....