Crypto market enters ‘greed’ zone as Bitcoin hikes further
The crypto market sentiment is seeing a major shift as leading digital assets continue their bullish momentum.
According to data provided by CoinMarketCap, the crypto fear and greed index entered the 60 zone today, signaling slightly greedy market conditions.
This is the first time the crypto market has hit the greed zone in six weeks—last seen on July 31. The major drop happened in early August as the Bitcoin (BTC) price plunged below the $54,000 mark.
The recent market-wide rebound came on the back of Bitcoin’s bullish momentum. The BTC price has constantly risen since Oct. 10, recording a 12% surge over the past week—Bitcoin briefly touched a…
