Bitcoin's Soaring Surge Driven by Fear & Greed Index, ETF Hopes, and U.S. Investor Activity
The Crypto Fear & Greed Index has reached its highest level since November 2021, indicating investor greed in the cryptocurrency market. With a score of 70.6, traders may become cautious as the index suggests a potential pause in the recent bullish run of Bitcoin, which has gained 28% in less than two weeks. The Relative Strength Index (RSI) also shows overbought conditions, further supporting the possibility of a market breather.