Crypto fear and greed index hits 49 as fed holds rates steady
The Crypto Fear and Greed Index has climbed 17 points in a day, reaching 49 on Mar. 20, moving from “Fear” to “Neutral” territory.
Alternative’s Crypto Fear and Grid index gauges investor sentiment by examining market momentum, volatility, Bitcoin dominance, and social media trends. The shift to neutral sentiment indicates a more balanced view of the market, with investors being neither overly fearful nor excessively greedy
Improving sentiment came about as markets reacted positively to the Federal Reserve’s Mar.19 decision to maintain interest rates at 4.25%–4.50%, prolonging its pause on rate cuts due to economic uncertainty.
Fed Chair Jerome Powell acknowledged that inflation remains stubbornly…
