A crypto market gauge has moved to the “extreme greed” zone as sentiment has now matched bitcoin’s run to $69,000 in 2021.
After the bitcoin surged past the $50,000 level yesterday, a prominent market indicator has reflected sentiment not seen since the price reached its all-time high of more than $69,000.
Perspective: After gaining more than 12.7% in the last week, the bitcoin price broke the $50,000 mark for the first time since 2021 and the popular “crypto greed index” hit its highest level since November 2021 when bitcoin was on its path to $69,000.
Source - The Street Crypto
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