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Crypto Fear and Greed Index hits highest level since Bitcoin's all-time high

Mar 21, 2023 · 1 min read · 74 points
Crypto Fear and Greed Index hits highest level since Bitcoin's all-time high
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The Crypto Fear and Greed Index hit a score of 66 on March 20, a number not seen since November 2021 when Bitcoin reached an all-time high of over $69,000.

Highlights

  • The Crypto Fear and Greed Index has hit its highest index score this year, reaching levels not seen since Bitcoin (BTC) posted its all-time high in November 2021.
  • The Index aims to numerically present the current “emotions and sentiments” towards Bitcoin and the cryptocurrency market, with the highest score being 100.
  • Bitcoin has recorded gains of around 27.8% over the past seven days, and hit $28,000 for the first time since June 2022.
  • Goldman Sachs has revealed Bitcoin has outpaced many traditional investment assets in the past year-to-date, including gold, the NASDAQ 100 and the S&P 500.

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