Bitcoin price recently broke past $50,000 as the entire crypto market experienced a surge. Investor sentiment has been greatly skewed into the positive with this break of the $50K resistance point, increasing the buy pressures all around the market.
There are various tools used to measure how investors are currently feeling towards a particular asset. In this case, the Fear & Greed Index helps to measure the general sentiments around the top coins in the crypto market. The week has started on a high note with the Fear & Greed Index index at a score of 79 today. Putting sentiments around top coins like bitcoin in the region of extremely positive.
Fear & Greed Index goes into extreme greed | Source: Fear & Greed Index from alternative.me Market Turns To Extreme Greed
The market has spent the last week in greed according to the Fear & Greed Index. Now, following bitcoin going to $52K, the pin has now