The crypto market’s fear and greed index currently stands at 54, indicating neutral sentiment among investors. This reflects an even balance between buyers and sellers, as many traders are taking profits following Bitcoin’s recent rally. BTC has seen rejection near the $100,000 level over the past 24 hours, with investors now focused on extending the bull run into 2025.
The fear and greed index has declined from 63 (greed) on Thursday and a peak of 85 (extreme greed) last month, according to CoinMarketCap. The index’s yearly high was 92 on March 12.
Bitcoin has bounced off its daily low of $95,137.89 in the past 24 hours and attempted to break the $100,000 mark, but failed. At the time of writing, BTC is trading at $96,224.31.$$PEPE $FLOKI $DOGE