Crypto sentiment shifts off extreme fear, but ‘mixed emotions’ persist
The crypto sentiment indicator finally moved out of the “extreme fear” territory despite Bitcoin still treading below $90,000.
A widely used crypto market sentiment indicator has shaken off its “extreme fear” rating as of Friday, returning to its highest levels in 21 days despite still trading under $90,000.
The index, which measures overall crypto market sentiment, recorded a “fear” score of 29 in its Friday update, climbing out of the “extreme fear” zone to its highest level since Dec. 12.
The price of Bitcoin (BTC) is $88,995 at the time of publication.