Greed

Major

Bitcoin

Coin

<ul class="wp-block-list news-points">
 <li>Greed-driven sentiment may trigger further volatility and potential market corrections.</li>
 <li>Surging spot volume reflects active trading but hints at short-term instability.</li>
 <li>Major cryptocurrencies face broad bearish trends amid declining Bitcoin dominance.</li>
</ul>
The cryptocurrency market is displaying a dichotomy: Despite heightened volatility and falling prices, the Fear &amp; Greed Index sits at 61, signaling Greed.
<div class="wp-block-image">
 <figure class="aligncenter size-full"><img decoding="async" width="512" height="166" src="https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-01T120745.598.png" alt="" class="wp-image-507912" srcset="https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-01T120745.598.png 512w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-01T120745.598-300x97.png 300w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-01T120745.598-380x123.png 380w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-01T120745.598-159x52.png 159w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-01T120745.598-440x143.png 440w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-01T120745.598-414x134.png 414w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-01T120745.598-326x106.png 326w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-01T120745.598-377x122.png 377w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-01T120745.598-123x40.png 123w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-01T120745.598-129x42.png 129w" sizes="(max-width: 512px) 100vw, 512px">
 <figcaption class="wp-element-caption">
 Source: <a href="https://cryptorank.io/charts/fear-and-greed" target="_blank" rel="noopener noreferrer nofollow">Cryptorank</a>
 </figcaption>
 </figure>
</div>
This contrasts with the typical association of greed with rising prices and suggests a degree of investor confidence that defies the current downturn. While the index is slightly lower than yesterday’s reading of 63, it still indicates positive sentiment, especially compared to the neutral reading of 50 a week ago and the <a href="https://coinedition.com/crypto-market-could-boom-with-genslers-sec-exit-says-mark-cuban/?utm_source=telegram_channel&amp;utm_medium=referral" rel="noopener noreferrer nofollow">fearful 29</a> a month ago.
This unusual combination of volatility and greed warrants close attention, as it could foreshadow either a strong market recovery or a deeper correction.
<h2 class="wp-block-heading" id="h-market-capitalization-and-volume-surge-but-weakness-remains">Market Capitalization and Volume Surge, But Weakness Remains</h2>
Although the overall market capitalization fell by 3.26% in the last 24 hours, <a href="https://coinedition.com/over-568-million-in-crypto-token-unlocks-set-to-impact-market/?utm_source=telegram_channel&amp;utm_medium=referral" rel="noopener noreferrer nofollow">spot trading volume increased</a> by 54.2%. This jump in trading volume suggests that while investors …
The post <a href="https://coinedition.com/crypto-market-volatility-greed-index-signals-confidence/" rel="noopener noreferrer nofollow">Crypto Market Volatility: Greed Index Signals Confidence</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Crypto Market Volatility: Greed Index Signals Confidence

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