Cryptocurrencies have gained immense popularity as an investment class but investors must bear in mind this crypto space is relatively more volatile than stocks or commodities. However, like in other markets, there are tools that can help in getting a broad sense of the direction of crypto prices. One such tool that is popular among crypto investors is the Fear and Greed Index.This index is similar to the stock market fear and greed index, which Investopedia suggests was created by CNNMoney to measure the two primary emotions that influence investors' market decisions.The crypto index, which is currently only for Bitcoin, captures bearish and bullish trends by gauging investor sentiment for the coin.
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