🚨 CRYPTO “EXTREMELY GREEDY” — BTC SURPASSES 87K
The Crypto Fear & Greed Index has risen to 78/100 – Extreme Greed, the highest level in recent times. At the same time, BTC has broken through $87,000, bringing total market capitalization close to the $3 trillion mark.
US stocks have also risen across the board, especially in the technology and semiconductor sectors. Positive capital inflows have spread to stock groups related to crypto.
In the commodities market, oil prices are cooling as more diplomatic signals emerge regarding Iran and the Middle East region. However, tensions have not been fully resolved yet, and oil remains at elevated levels.
Personal viewpoint:
The most notable point right now is the very rapid shift in market sentiment. BTC’s strong rise has pulled technology stocks and crypto higher together, indicating that risk appetite is returning.
However, with Fear & Greed at 78, it also shows the market is significantly hotter. I will prioritize monitoring whether BTC can hold the new high-price zone rather than chasing it when sentiment is overly euphoric.
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