Crypto Fear and Greed Index Hits ‘Greed’ for the First Time in 4 Months

On March 28, the Crypto Fear and Greed Index has jumped back to the “greed” position for the first time in four months. The last time the index reached the current position was when bitcoin reached a high of $69K per unit last year on November 10.

The crypto economy has surged in value during the last day jumping 5.4% in value to $2.26 trillion. The price of bitcoin ( BTC ) reached a high of $48,234 at roughly 3:00 p.m. (ET) on Monday afternoon. Ethereum (ETH) tapped a high of $3,431 per unit roughly around the same time frame as BTC’s daily high

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