Cryptocurrency market sentiment has turned optimistic, with the fear and greed index jumping from 52 to 62 points in a single day, officially entering the 'greed' zone. This indicates increased investor confidence and potential upward momentum for digital assets.
Market participants are closely monitoring this development, as such sentiment indicators often signal potential growth in trading volume at major exchanges. The index's sharp 10-point rise in a single day suggests a significant shift in market psychology among traders and institutional investors.