🚀 Crypto Fear and Greed Index shows investors are as greedy now as they were more than 2 years ago when Bitcoin (BTC) hit an all-time high of $69,000.

📈 According to data from Alternative.me, crypto market sentiment is currently as high as 82, demonstrating extreme investor greed as BTC surpasses $59,000 for the first time since November 2021.

- Investors in Extreme Greed mode

- Index grows along with BTC price

- The proportion of Bitcoin supply in the high interest rate zone

The Crypto Fear and Greed Index tracks investor sentiment in the cryptocurrency market, analyzing data from factors such as volatility, market momentum/volume, social media, surveys, trends Bitcoin and trends. The index measures sentiment through numbers from 0 to 100, representing extreme fear and greed, with 50 indicating a neutral zone.

Greedy sentiment in the cryptocurrency market is rising along with BTC price. Since mid-January, when BTC was trading at $46,000 and there was growing anticipation for the approval of a Bitcoin exchange-traded fund (ETF) in the United States, the index has been hovering around 76, indicating that investors are moderate. step through the greedy area.

As BTC rose above $50,000 in mid-February, the index rose to 79 for the first time since November 2021.

With BTC just steps away from $60,000, the index rose to 82. The digital asset race is driven by many factors, such as steadfast demand from new Bitcoin ETFs and excitement about the halving event The upcoming half is in April.

BTC's latest performance has put 95% of Bitcoin addresses into the profitable zone, with 0% of wallets experiencing losses. Similarly, the supply ratio in the network's interest area is currently very high and is similar to the level recorded at the peak of the 2019 bubble, which marked the beginning of the 2020 bull cycle.