Crypto Fear & Greed Index Jumps Back into Greed Territory
August had an average rating of “Fear” on the Crypto Fear and Greed Index, hitting a yearly low of 17 on Aug. 6.
The Crypto Fear and Greed Index has reached its highest point since July, spending two consecutive days above a score of 60.
The index’s Sept. 28 update showed a score of 64, placing it within the “Greed” territory as the Bitcoin (BTC) price briefly touched the $66,000 mark, according to CoinMarketCap.
The Crypto Fear and Greed Index was created to numerically represent the current “emotions and sentiments” toward Bitcoin and the crypto market. The highest score is 100, and the lowest is 0.
August had an average rating of “Fear” on the Crypto Fear and Greed Index, hitting a yearly low of 17 on Aug. 6.
The Crypto Fear and Greed Index has reached its highest point since July, spending two consecutive days above a score of 60. The index’s Sept. 28 update showed a score of 64, placing it within the “Greed” territory as the Bitcoin (BTC) price briefly touched the $66,000 mark, according to CoinMarketCap.The Crypto Fear and Greed Index was created to numerically represent the current “emotions and sentiments” toward Bitcoin and the crypto market. The highest score is 100, and the lowest is 0. Read more