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Crypto Fear and Greed Index Surges to Highest Level This Year Amid Rising Optimism

The Crypto Fear and Greed Index, which serves as an aggregate for investor confidence and attitude towards the market has reached its highest level this year, indicating growing optimism and confidence among cryptocurrency investors.

According to the index, cryptocurrency investors are currently in a state of “greed,” with a score being at 68. The index hit a low of 6 last year after the collapse of FTX, which saw the price of the cryptocurrency dip below $18,000.

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