Cryptocurrency Market Oozing with Greed as Index Hits 72
CryptoNewsTerminal Staff28 May, 2024
Cryptocurrency Market Oozing with Greed as Index Hits 72
"Fear and Greed Index" is currently at 72, indicating the crypto market is in extreme greed territory. The index is calculated by piecing together different information, including social media, volatility, and other market trends. The index ranges from 0 to 100, with 0 representing extreme fear and 100 representing extreme greed. A high reading, such as 72, could mean that investors are overly confident and could be taking on too much risk.
