" "

BTC Recovers $64,000, Fear Greed Index Reaches 82.

BTC Recovers $64,000, Fear Greed Index Reaches 82.

BTC has regained $64,000 according to Market Monitor. BTC is trading at $64,000 on the Binance USDT market. Also, CME BTC futures, which closed the previous trading day at $63,405, opened today at $63,760, a gap of $355.

Meanwhile, crypto data provider Alternative's self-estimated "Fear-Greed Index" fell one point from the previous day to 82. Yesterday's reading was 83, while the average for the past week was 72 and the average for the past month was 60, indicating a continuation of the extreme greed phase.

The index indicates extreme fear in the market when it is close to zero, and extreme optimism when it is close to 100. The Fear and Greed Index is calculated based on volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), bitcoin market cap (10%) and Google searches (10%).