Greed

Cryptocurrency

Change

Billion

Cryptocurrency market sentiment has moved into a “neutral” phase today, marking a significant change after nearly three months in the “greed” phase. 
<h2 id="cryptocurrency-market-sentiment-turns-neutral-following-bitcoin-etf-approval">Cryptocurrency Market Sentiment Turns 'Neutral' Following Bitcoin ETF Approval</h2> 
The index, which operates on a scale from 0 to 100, currently reads 52 points. Scores close to zero indicate a state of “extreme fear”, while scores close to 100 indicate “extreme greed”. 
<img decoding="async" class="alignnone wp-image-132039 size-large" src="https://www.bitcoinsistemi.com/wp-content/uploads/2024/01/krokuacgozluluk-1024x619.png" alt="" width="696" height="421"> 
Over the past few months the index has consistently remained in the “greed” zone. The index, which started on October 24 of the previous year, reached a peak of 76 points on January 9. 
Related News: <a href="https://en.bitcoinsistemi.com/breaking-whale-alert-claims-more-than-100-billion-xrp-deposited-on-cryptocurrency-exchanges-but-whats-the-truth/" target="_blank" rel="dofollow">BREAKING: Whale Alert Claims More Than $100 Billion XRP Deposited on Cryptocurrency Exchanges - But What's the Truth?</a> 
This increase was largely driven by the US's approval of spot Bitcoin exchange-traded funds (ETFs). 
The Crypto Fear and Greed Index considers various factors in its calculations. These include market volatility, trading volume, social media trends and market dominance. 
A value close to 100 is seen as a bearish signal, while a value close to 0 is interpreted as an uptrend. 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/significant-change-in-cryptocurrency-fear-and-greed-index-the-quarterly-move-has-ended-what-does-it-mean-for-the-market/">Significant Change in Cryptocurrency Fear and Greed Index! The Quarterly Move Has Ended, What Does It Mean for the Market?</a>

Significant Change in Cryptocurrency Fear and Greed Index! The Quarterly Move Has Ended, What Does It Mean for the Market?

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