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Crypto greed index taps 7-month high as Bitcoin surges past K

Crypto greed index taps 7-month high as Bitcoin surges past $81K

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Source: Coin Telegraph

Bitcoin rallied 6.15% on Nov. 10 to reach another new all-time high of $81,358.

The Crypto Fear and Greed Index, which measures market sentiment for Bitcoin and other cryptocurrencies, hit its highest level of “greed” in nearly seven months on Nov. 10 as Bitcoin crossed $81,000.

The index notched a score of 78 out of 100 — in the “Extreme Greed” zone, the highest it’s been since April 12 — when Bitcoin was trading around $70,000 and the 2024 halving event was fast approaching.

Crypto Fear & Greed Index score. Source: Alternative.me

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Author: Brayden Lindrea