Crypto Fear Index Rises to 28: Cautious Optimism Emerges

The Crypto Fear & Greed Index has climbed to 28, signaling a shift from extreme fear to mere apprehension. While the market shows slight improvement amidst uncertainty and macroeconomic pressures on retail investors, Bitcoin accumulation by large holders persists. Despite recent gains in price for Bitcoin, which recently exceeded $90k after a dip, cautious sentiment remains prevalent as investor caution remains high due to economic uncertainties.