The Crypto Fear and Greed Index has experienced a notable increase, rising from 37 to 64 within a week, indicating a shift toward bullish sentiment in the cryptocurrency market. However, recent data shows the index has moved to a "Neutral" zone after five days in "Greed," reflecting some market uncertainty. Bitcoin's Bull Score Index reached 60, signaling renewed optimism as demand for Bitcoin and stablecoin liquidity grows. Bitcoin itself gained over 10% last week, outperforming traditional risk assets like the S&P 500, and reclaimed the crucial $94,000 range lows. Despite this positive momentum, the Fear and Greed Index stood at 38 out of 100, indicating prevailing fear among some investors.
Fear & Greed Index: 38/100 - Fear https://t.co/np9aWjxrIz
Bullish momentum is starting to build! Bitcoin was up over 10% last week, outperforming risk assets like the S&P 500. After weeks of chop, BTC has reclaimed the crucial $94K range lows ✅ The macro shift is fueling optimism! Read more 🧵 https://t.co/o2pbWQkoTG https://t.co/yPViHyQI3I
📊 LATEST: Bitcoin Bull Score Index reaches 60, signaling renewed market optimism as demand for Bitcoin and stablecoin liquidity begins to grow again according to CryptoQuant. https://t.co/xTpkZU3Mou