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Bitcoin investors are extremely greedy these days, as the cryptocurrency is inches away from updating the record high. As of this writing, Bitcoin is hovering above $67,000, gaining 19% during the last week.Related: <a href="https://hodl.fm/bitcoin-price-determinants" rel="noopener noreferrer nofollow">What Determines the Price of Bitcoin?</a>The Fear and Greed index increased to 90, which is the highest level since 2021 when the cryptocurrency established its all-time high (ATH).<img src="https://academy-public.coinmarketcap.com/optimized-uploads/08932b85f22042e4b45ce6182afb0f6f.png" />Source: <a href="https://alternative.me/crypto/fear-and-greed-index/" rel="noopener noreferrer nofollow">Alternative.me</a>Interestingly, when Bitcoin hit its ATH in November 2021, the Fear and Greed index was below the 80 mark.Glassnode data shows that the indicator has shown wild fluctuations since BTC’s record peak, as the crypto market had to bleed during the crypto winter, when high-profile companies collapsed one after another, including Luna, Three Arrows Capital, and the infamous FTX.<h2 id="header-0">READ MORE ON <a href="https://hodl.fm/bitcoin-fear-greed-index-highest" rel="noopener noreferrer nofollow">HODL</a></h2>

Bitcoin Fear & Greed Index to Highest in 3 Years at 90

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