territory

Bitcoin has increased 9.5% in the past seven days and is up 50% on the month, according to CoinMarketCap data. There is, of course, no way of telling how high bitcoin can rise during the current bull frenzy. The CoinMarketCap Crypto Fear & Greed Index is in “extreme greed” territory at 89.12 points, up from “neutral” at 59.3 points, in early February. The index measures price and trading data of the biggest cryptocurrencies, with its user behavior data to measure crypto market sentiment from 0-100. The last bitcoin halving was on May 11, 2020 and drove its price up about 600% from around $9,000 to $63,000 by the April 2021 mark.