Bitcoin Fear & Greed Surges As Price Touches $74,000, But Extreme Fear Persists

Data shows the Bitcoin Fear & Greed Index has marked an improvement after the latest price surge, but its value is still inside the extreme fear zone. Bitcoin Has Witnessed A Price Jump Over The Past Day Bitcoin ended last week on a mixed note, first observing a sharp surge near $74,000 on Friday, but then dropping back into the low $70,000 levels inside the same day. The weekend saw the asset consolidate, but it seems the new week has brought with it fresh bullish momentum as BTC has jumped once more. Related Reading: Bitcoin Foundation For A Mid-Term Breakout Remains Thin, Cost Basis Data Shows As the below chart shows, Bitcoin went further than the Friday jump this time, briefly hitting $74,400. The cryptocurrency has pulled back a bit since the high, but with a current value of $73,200, it remains more than 7% in the green on the weekly timeframe. BTC hasn’t been alone in the bullish push as the altcoins have also observed rallies. Ethereum, the second largest digital ass