Crypto Fear & Greed Index Hits 70: Signalling ‘Greed’ in Market

The Crypto Fear & Greed Index has recently surged to 70, firmly placing the market in a ‘greed’ phase. This significant rise reflects a palpable shift in overall crypto market sentiment among investors. Understanding this index is crucial for navigating the often-unpredictable world of cryptocurrencies. The index, developed by Alternative.me, offers a real-time snapshot of current market emotions, ranging from 0 (extreme fear) to 100 (extreme greed). A score above 70 indicates a strong bullish sentiment and heightened optimism, suggesting investors are feeling confident about the cryptocurrency market.