Crypto market sentiment has rapidly shifted from fear to greed as Bitcoins strong rally and sharp gains across altcoins revive investor appetite for risk. The Crypto Fear Greed Index climbed to 74 on Tuesday, a dramatic increase from 27 on Aug. 12, before slipping to 65 on Wednesday. The index had remained in fear territory from late July through Aug. 19 and dropped as low as 25, or extreme fear, on Aug. 6. The closely followed indicator measures crypto investor sentiment on a scale from zero to 100. It combines factors including Bitcoin volatility, market momentum, social media activity,…
Source:: Crypto Fear and Greed Index Surges as Bitcoin Rally Fuels Risk Appetite