Bitcoin Investors Have Become Less Fearful After the May Crash

Since the price of BTC crashed by 60%, from $50,000 to $30,000, the general sentiment in investors has come down to neutral levels. In addition, The Fear and Greed index has returned to a less fearful state. The Fear and Greed index is a popular tracking website that calculates multiple data kinds, such as volume, social media, surveys, and volatility. It thereby gives the general feelings of investors in the current landscape of the BTC market. Normalized Sentiments The price…