Crypto investors exhibit ‘extreme greed’ as bitcoin crosses $18,000
The current sentiment of the cryptocurrency market is showing "extreme greed," according to Crypto Fear & Greed Index by tracker Alternative.me.
The index has hit a high of 91 points, its largest since June 26, 2019, as bitcoin continues to soar. About a month ago, the index was exhibiting "fear," at around 50 points.
The extreme greed comes as bitcoin is touching new heights. Its price has now crossed the $18,000 mark, and market capitalization has breached its previous all-time high record, according to TradingView. The surge to $18,000 occurred fast, within a few hours, as bitcoin was trading at around $17,000 levels a day ago.
Learn more about the news here. (https://www.theblockcrypto.com/linked/85032/crypto-extreme-greed-bitcoin-crosses-18000-btc-price?utm_source=cryptopanic&utm_medium=rss)