Ethereum Price Climbs Following Tariff U-Turn and Better Than Expected Inflation Report

Source: https://decrypt.co/314304/ethereum-price-climbs-tariff-u-turn-inflation-report

The Crypto Fear & Greed Index, a widely used metric to gauge market sentiment in the cryptocurrency space, recently shifted to a "Fear" status following an announcement of a tariff pause. This change comes after the index had been indicating "Extreme Fear" for most of the past month.

The index, which ranges from 0 (extreme fear) to 100 (extreme greed), is a tool that provides insights into investor sentiment and helps traders assess the prevailing mood in the market. When the index shows "Fear," it suggests that investors are cautious and hesitant, potentially leading to selling pressure. Conversely, when the index shows "Greed," it indicates that investors are more optimistic and confident, which could result in buying pressure.

The recent shift


Posted

in

Tags:

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *