According to Crypto Market, the current sentiment in the cryptocurrency market has been in the ‘greed’ phase for almost three months, but has shifted to ‘neutral’ since Monday. Tracker Alternative.me’s Crypto Fear and Greed Index.
that much index The current score is 52, indicating neutrality on a scale of 0 to 100. Levels close to 0 indicate ‘extreme fear’ and levels close to 100 indicate ‘extreme greed’.
The indicator, which had been in the ‘greed’ area since October 24 last year, reached its highest point at 76 points on January 9, 2019. U.S. approval for spot Bitcoin exchange-traded fund.
According to the website, the index considers a variety of factors including volatility, market size, social media, dominance, and trends.
According to The Block, Bitcoin has been trading flat at around $42,550 over the past 24 hours as of 12:40 PM Hong Kong time. pricing page.
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