Bitcoin Fear & Greed Index Takes a Step Back After Hitting 16-Month High of 68
The crypto fear & greed index is an aggregate of various components and factors of the current crypto market. The index is updated on a daily basis, and it varies. With the change in market conditions, crypto asset volatility, market statistics, trading volume, and other factors, the index changes. The index helps investors and traders make the right move in the market. The general indication is that, when there is extreme fear, it could be a buying opportunity. Similarly, when there is too much Greed in the market, investors should brace for a correction. Also read: Terra Founder Do Kwon Tells Police He Was Surprised by His Arrest Data from Alternative revealed that the Bitcoin fear & Greed index touched a 16-month high of 68 on March 21, 2023. However, according to the latest details, the Greed factor has dipped. Source: Alternative Bitcoin Fear & Greed Index falls to 59 The stage of Greed was touched after almost 16 months of fear and extreme fear. H