BitDigest May 25 · Issue #909
May 25, 2021
Author
- Crypto marketcap back above $1.5 trillion
- Fed’s Brainard sees benefits in digital dollar
- Elon speaks with North American bitcoin miners and gets commitment on renewable mining statistics
Crypto Fear & Greed Index
The Fear & Greed Index for bitcoin and other large cryptocurrencies is up 1-point this week after dropping down to 10 during the 7-day period. This recent collapse is the largest drop the index has encountered in over a year and first time the index has fallen below 35 since last year’s March – April selloff. The index is likely to remain in this range until bitcoin can start to retest $40,000.