- The Crypto Fear & Greed Index is now Neutral at 47 after a week in Fear.
- Bitcoin surged 5.5% in a week to $87,647, driven by institutional inflows and Fed policy signals.
- Analysts suggest the market is in an accumulation phase before a potential breakout.
The crypto market sentiment is improving, with the Crypto Fear & Greed Index moving to “neutral” (47) after spending the past week in “fear” territory.
This shift comes as Bitcoin climbed 5.5% in the past few days, reclaiming the $88K mark. At press time, Bitcoin has settled around $87,647. Experts link this to increased institutional investments and signals from the Federal Reserve about future rate cuts.
Market participants are now actively debating whether this signals the beginning of a renewed bullish phase or simply represents a temporary pause in the market’s characteristic volatility.
Related: Fear and Greed Index at Neutral: What to Expect After 500M USDT Transfer
What Factors Led to the Improved Market Sentiment?
The return of the Fear & Greed Index to a neutral reading signifies a more balanced perspective within the crypto market. This shift follows a significant surge in institutio…
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