Bitcoin Fear & Greed Index Rises to 64 Indicating Investor Greed
The Bitcoin Fear & Greed Index indicates a shift back into the greed territory, reflecting a change in market sentiment.
Key Points
- The Fear & Greed Index has risen to 64, signaling investor greed.
- Values above 54 indicate greed; below 46 signify fear.
- The index previously showed a neutral sentiment at 53 due to recent bearish trends.
- Market sentiment can lead to contrary price movements when in extreme zones.
- Bitcoin's price is currently around $114,900, down 2.5% over the past week.
- The index spent July near extreme greed, ending at 72.
