{"id":86510,"date":"2023-11-02T13:34:46","date_gmt":"2023-11-02T11:34:46","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=86510"},"modified":"2025-09-13T06:02:48","modified_gmt":"2025-09-13T03:02:48","slug":"fear-and-greed-index-hits-two-year-high","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/fear-and-greed-index-hits-two-year-high\/","title":{"rendered":"Fear and Greed Index hits two-year high"},"content":{"rendered":"<p>The cryptocurrency Fear and Greed Index <a href=\"https:\/\/alternative.me\/crypto\/fear-and-greed-index\/\">reached 72<\/a>, the highest reading in the last two years.<\/p>\n<p><!--more--><\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/11111-3.webp\" alt=\"11111-3\" class=\"wp-image-219235\"\/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/alternative.me\/crypto\/fear-and-greed-index\/\">alternative.me<\/a>.<\/figcaption><\/figure>\n<p>Comparable readings were observed in November 2021, against the backdrop of <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-price-hits-all-time-high-at-69000\">Bitcoin&#8217;s all-time high near $69,000<\/a>.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"460\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/2-97-1024x460.jpg\" alt=\"2-97\" class=\"wp-image-219236\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/2-97-1024x460.jpg 1024w, https:\/\/forklog.com\/wp-content\/uploads\/2-97-300x135.jpg 300w, https:\/\/forklog.com\/wp-content\/uploads\/2-97-768x345.jpg 768w, https:\/\/forklog.com\/wp-content\/uploads\/2-97.jpg 1145w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/alternative.me\/crypto\/fear-and-greed-index\/\">alternative.me<\/a>.<\/figcaption><\/figure>\n<p>The rise in the metric comes as the cryptocurrency market recovers, buoyed by <a href=\"https:\/\/forklog.com\/en\/news\/how-will-the-approval-of-a-spot-bitcoin-etf-affect-the-price-of-bitcoin\">narratives<\/a> about prospects for the launch of the first Bitcoin-based exchange-traded fund in the United States. Bitcoin&#8217;s market capitalization has reached $691 billion, according to <a href=\"https:\/\/www.coingecko.com\/\">CoinGecko<\/a>.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"624\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/CoinGecko-24-1024x624.png\" alt=\"CoinGecko-24\" class=\"wp-image-219237\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/CoinGecko-24-1024x624.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/CoinGecko-24-300x183.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/CoinGecko-24-768x468.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/CoinGecko-24.png 1293w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: CoinGecko.<\/figcaption><\/figure>\n<p>Bitcoin&#8217;s dominance sits at <a href=\"https:\/\/www.theblock.co\/data\/crypto-markets\/prices\/bitcoin-dominance\">51%<\/a>, roughly in line with April 2021 levels.<\/p>\n<p>Since the start of the year the leading cryptocurrency has risen by about 113%. At the time of writing the asset was trading at around $35,400 (+2.9% over the last 24 hours).<\/p>\n<p>Earlier, technical analyst Peter Brandt <a href=\"https:\/\/forklog.com\/en\/news\/peter-brandt-urges-bitcoin-traders-to-brace-for-a-chop-fest\">urged<\/a> traders to brace for a volatile &#8216;whipsaw&#8217;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Fear and Greed Index for cryptocurrencies reached 72, the highest reading in the last two years.<\/p>\n","protected":false},"author":1,"featured_media":86511,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1384,1145],"class_list":["post-86510","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-fear-index","tag-market-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/86510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=86510"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/86510\/revisions"}],"predecessor-version":[{"id":86512,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/86510\/revisions\/86512"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/86511"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=86510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=86510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=86510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}