Investor Confidence Fuels Crypto Optimism, Index Signals Greed Turn
The Crypto Fear & Greed Index, a widely referenced sentiment indicator for the cryptocurrency market, has recently shifted into the “Greed” territory, reflecting a notable shift in investor behavior. According to the latest data, the index, which measures sentiment based on factors such as price volatility, market momentum, trading volume, social media trends, and Bitcoin dominance, has moved beyond the neutral threshold into a more optimistic range [3]. This shift suggests increased confidence among investors in the market’s direction and potential for price appreciation.
The index is structured on a 0 to 100 scale, with readings between 55 and 75 categorized as “Greed.” A score in this range typically indicates a market driven by…