Fear & Greed Index hits lowest since March 2020 even as Bitcoin price hits $30.5K

Cointelegraph

Published May 17, 2022 03:32AM ET

Updated May 17, 2022 05:20AM ET

Bitcoin (BTC) returned to $30,500 on May 17 amid hopes that a retest of 2017 highs could be avoided.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing after the daily close to tentatively build on $30,000.

U.S. dollar index (DXY) 1-day candle chart. Source: TradingView
Crypto Fear & Greed Index (screenshot). Source: Alternative.me

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