Against the backdrop of Bitcoin’s growth to the $50 thousand mark, the cryptocurrency index of fear and greed reached the level of 79, which is the highest since the end of autumn 2021. ForkLog writes about this.
► Subscribe to the Ministry of Finance telegram channel: main financial news
For several years the metric was below 70. Sentiment market participants began to noticeably improve since last fall, against the backdrop of the market recovery and its transition to the bullish phase.
Source: alternative .me
Over the last 24 hours, digital gold has risen in price by 4.1%. Bitcoin's market capitalization is approaching the $1 trillion mark, according to CoinGecko.
On topic: Investors bought $6 billion worth of Bitcoin at a price of $50 thousand: this could become a serious resistance to growth – experts