Crypto Market Greed
According to Alternative.me, the Fear and Greed Index is currently at 65. The arrow is in the "greed" zone. The last time the metric dropped below 70 was in October. ALternative.m
The indicator has dropped significantly compared to its peak of 94 reached on November 22 due to volatility in the crypto market.
After rising above $100,000 amid Donald Trump's victory in the US presidential election, the price of Bitcoin has rolled back to $93,000. This has caused a decrease in confidence in the cryptocurrency among traders. $SCRT $OG $AGLD
