Market Sentiment Plunges into Extreme Greed as BTC Tops $79k
The cryptocurrency market has seen a sharp shift in investor sentiment over the past month. The Crypto Fear and Greed Index, which measures market risk appetite, rose to 81 points, pushing it into the 'Extreme Greed' zone.
This is a significant reversal from just a month ago when the index was at 41 points, indicating a neutral level of fear and greed.
Bitcoin (BTC) continues its upward trend, trading at $79,252 and gaining approximately 0.67% in the last hour.