What is the BTC fear and greed index?

The Bitcoin fear and greed index is a metric for how investors' emotions are influencing the BTC price. The index is a meter from 0 to 100 where lower numbers indicate more fear and higher numbers indicate more greed. The BTC fear and greed index is based on the premise that the behavior of investors in the

What is bitcoin fear and greed?

Let’s understand the state of fear and greed via real-life examples: Extreme Fear: In November 2022, when Bitcoin crashed two-months low after FTX fallout, the Bitcoin Fear and Greed Index showed a value of 12, which means the extreme caution zone in the Bitcoin market.

Is Bitcoin (BTC) the daddy of cryptocurrency market?

Realtime Fear and Greed Index BITCOIN (BTC) Bitcoin is Considered as the Daddy of Cryptocurrency Market. Means, If the Bitcoin Capitalization or prices falls, other Altcoins too follow the same. The same way, If BTC Fear and Greed Index becomes Negative, others Altcoins too began crying following Daddy.

Why did the bitcoin fear & greed index rise in February 2021?

Extreme Greed Meanwhile, in February 2021, the index measured a whopping 92, shortly after Elon Musk declared Tesla’s huge $1.5bn investment in the currency – a fact that buoyed the entire market and sent a new surge of confidence through the crypto space. Not surprisingly, the price also spiked. How is the Bitcoin Fear and Greed Index calculated?