Greed

Rally

Bitcoin

April

Coin

<ul class="news-points"> 
 <li>Bitcoin Fear and Greed Index has turned green following days of significant price rallies.</li> 
 <li>The social metric’s value rose to 72 as of today, October 25.</li> 
 <li>Investors use the Fear and Greed Index to measure the prevailing sentiment within the Bitcoin market.</li> 
</ul> 
The <a href="https://coinedition.com/what-is-bitcoin-everything-you-need-to-know/">Bitcoin</a> Fear and Greed Index has turned green following days of significant price rallies. The value of the social metric rose to 72 as of today, October 25, with Bitcoin trading for $34,125, just 3% below the recently established yearly high. 
Today’s Fear and Greed Index value represents the highest level the metric has reached in the past year. The highest it achieved before this time was 69, and it got that high on April 17, when Bitcoin traded for $30,337, following a sustained rally from the middle of March. 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full is-resized">
 <img decoding="async" width="1840" height="1000" src="https://coinedition.com/wp-content/uploads/2023/10/1-3.png" alt="" class="wp-image-345346" style="aspect-ratio:1.84;width: 100%;height:auto" srcset="https://coinedition.com/wp-content/uploads/2023/10/1-3.png 1840w, https://coinedition.com/wp-content/uploads/2023/10/1-3-300x163.png 300w, https://coinedition.com/wp-content/uploads/2023/10/1-3-1024x557.png 1024w, https://coinedition.com/wp-content/uploads/2023/10/1-3-380x207.png 380w, https://coinedition.com/wp-content/uploads/2023/10/1-3-768x417.png 768w, https://coinedition.com/wp-content/uploads/2023/10/1-3-1536x835.png 1536w, https://coinedition.com/wp-content/uploads/2023/10/1-3-127x70.png 127w, https://coinedition.com/wp-content/uploads/2023/10/1-3-159x86.png 159w, https://coinedition.com/wp-content/uploads/2023/10/1-3-795x432.png 795w, https://coinedition.com/wp-content/uploads/2023/10/1-3-440x239.png 440w, https://coinedition.com/wp-content/uploads/2023/10/1-3-414x225.png 414w, https://coinedition.com/wp-content/uploads/2023/10/1-3-304x165.png 304w, https://coinedition.com/wp-content/uploads/2023/10/1-3-377x205.png 377w, https://coinedition.com/wp-content/uploads/2023/10/1-3-123x67.png 123w, https://coinedition.com/wp-content/uploads/2023/10/1-3-129x70.png 129w" sizes="(max-width: 1840px) 100vw, 1840px">
 <figcaption class="wp-element-caption">
 Bitcoin <a href="https://alternative.me/crypto/fear-and-greed-index/" target="_blank" rel="nofollow">Fear and Greed Index</a>
 </figcaption>
 </figure>
</div> 
Bitcoin investors use the Fear and Greed Index to measure the prevailing sentiment within the market. The metric is calibrated such that a value of 0 means “Extreme Fear,” whereas a value of 100 represents “Extreme Greed.” 
As a social metric, traders apply the Fear and Greed Index to determine when there is a Fear Of Missing Out (FOMO), or when the…
The post <a rel="nofollow" href="https://coinedition.com/bitcoin-fear-and-greed-index-hits-yearly-high-amid-price-rally/">Bitcoin Fear and Greed Index Hits Yearly High Amid Price Rally</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

Bitcoin Fear and Greed Index Hits Yearly High Amid Price Rally

Coin Edition

Other articles published on Oct 25, 2023

SHIB chart flashes rare ‘buy’ signal; What’s next for Shiba Inu?

Quiztok (QTCON) Price Prediction 2024, 2025, 2030, 2040, and 2050

Banks Annexing With DEXs, Fiat24 Bank and Uniswap Partnership

LAC Stock: Will Lithium Americas Stock Price Break Below $5 Mark?

TrustSwap (SWAP) Price Prediction 2024, 2025, 2030, 2040, and 2050

BlackRock’s IBTC ETF sparks Bitcoin frenzy amidst DTCC website drama

Join our free newsletter for daily crypto updates!