Despite the rise, the Crypto Fear & Greed Index score remains stuck in the “Fear” zone, where it has been since Jan. 18.
A crypto market sentiment index has risen to its highest level in over three months on Wednesday after Bitcoin rallied nearly 6% to within striking distance of $80,000.
The Alternative.me Crypto Fear & Greed Index rose 14 points to 46 out of 100, its highest level since Jan. 18 and its largest single-day gain in more than three months.
While still in the “Fear” zone, the current reading marks a sharp rebound from the all-time low of 5 recorded on Feb. 23 after the Trump administration imposed a 15% global tariff, sending Bitcoin (BTC) down to about $63,000.
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