The Fear and Greed Index – a metric that shows the overall sentiment toward bitcoin – currently points at 66, the highest level since November 2021.
Currently, it sits in “Greed” territory, pointing at 66. The last time the index reached that mark was in mid-November 2021, a few days after bitcoinThe bullish stance on the asset coincides with the view of some crypto proponents that the bear market has finally loosened its grip. They believe the asset class could continue its impressive performance in the background of a potential banking crisis.
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