Bitcoin's recent surge has pushed the Crypto Fear and Greed Index to its highest "greed" level in nearly seven months, hitting 78 out of 100 on November 10. This comes as Bitcoin reached a new all-time high of $81,358, though it has since cooled to $80,182. The index, which factors in market volatility, trading volume, and social media sentiment, suggests strong bullish sentiment, partly driven by Donald Trump's U.S. presidential election win. Analysts predict further gains for Bitcoin ahead of Trump's inauguration in January 2025. Meanwhile, Google searches for "Bitcoin" have spiked, indicating renewed retail interest.
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