๐ฉโ๐ป ๐ Mining In Motion: Decoding market with the Crypto Fear & Greed Index
With the price of Bitcoin recently hit a new high above $89,000 Thursday, optimism among crypto investors has reached another level, pushing the Crypto Fear and Greed Index to โExtreme Greedโ (76). This index, which uses data like volatility, trading volume, and social media sentiment, shows heightened interest and potential risk. Experts caution that, past trends reveal that prolonged periods in "Extreme Greed" often precede market corrections, a pullback could occur as risks accumulate.
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Article shares ๐ https://www.forbes.com/sites/digital-assets/article/crypto-fear-and-greed-index/
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