The crypto fear and greed index shows that while investors are still cautious, the market sentiment is nonetheless making sustainable recovery. Crypto Fear And Greed Index Surges Up, But Remains In “Fear” Territory As per the latest weekly report from Arcane Research, the market sentiment rose to the best sentiment since April of this year on Saturday. The “fear and greed index” is an indicator that measures the general sentiment among investors in the crypto market. The metric uses a numeric scale that runs from zero to hundred for representing this sentiment. All values above 50 signify a greedy market, while those below the mark suggest fearful investors. Values approaching the end of the range of above 75 or below 25 indicate “extreme greed” and “extreme fear” sentiments, respectively. Historically, bottoms have tended to form during periods of extreme fear, while tops have occurred during the other extreme sentiment. Because of this, some investors believe the former periods bring ideal buying opportunities with them, while the latter ones can be suitable selling points. Now, here is a chart that shows the trend in the crypto fear and greed index over the last year: Looks like the value of the metric has been steadily climbing up in recent days | Source: Arcane Research's The Weekly Update - Week 30, 2022 As you can see in the above graph, just a while ago, the crypto f...
Biden Softens Stance on Cryptocurrency
