skyrocketed. Their hopes paid off with time, as the value of the king coin went above the $35,000 mark for a while.
Not only did the coin’s price increase, but its 24-hour trading volume also went up, which is generally considered to be a bullish sign. However, This happened at a time when Bitcoin’s fear and greed index hit a value of 72, representing increased greed in the market.The Fear and Greed Index is an indicator that analyzes and generates a number between 0 and 100, where 1 is the indication of extreme fear and 100 is the indication of extreme greed.
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