The Crypto Fear and Greed Index, measuring market sentiment for Bitcoin and other cryptocurrencies, reached its highest level of 'greed' in almost seven months on Nov. 10 as Bitcoin surpassed $81,000. With a score of 78 out of 100, placing it in the 'Extreme Greed' zone, this is the highest level since April 12. Bitcoin entered the 'Extreme Greed' zone on Oct. 31 and has maintained a score between 70 and 78. Despite hitting a new all-time high of $81,358 on Nov. 10, Bitcoin has slightly decreased to $80,182. The index considers market volatility, trading volume, social media sentiment, Bitcoin's dominance, and trends to calculate an overall score. The recent price surge has attracted more retail investors, as indicated by increased Google search interest in 'Bitcoin'. Bullish sentiment has been boosted by Trump's victory and the election of pro-crypto politicians in the US Senate and House of Representatives for the 2025-2029 term. Read more AI-generated news on: https://app.chaingpt.org/news

#BTC