Crypto Sentiment Stays In ‘Greed’ Zone Amid Israel-Iran Tension
The Crypto Fear & Greed Index, which tracks overall crypto market sentiment, has remained in the “greed” zone despite rising geopolitical tensions after Israel launched a series of airstrikes on Iran.
The Index posted a score of 60 in its Sunday update, maintaining its position in the greed territory despite Bitcoin (BTC) falling 2.8% to $103,000 on Friday. This followed explosions reportedly heard in Tehran at 22:50 UTC on Thursday, which Israel claimed responsibility for. Iran reportedly retaliated with “dozens of ballistic missiles” on Friday night.
On Thursday, the Index was holding a Greed score of 71.
Bitcoin was nearing all-time highs
Bitcoin’s price decline came as it was edging closer to retesting its May 22 all-time high…
