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Crypto Fear & Greed Index hits 3-month high as Bitcoin rallies near $80,000

Market News
23 Apr 2026
TheNewsCrypto
View Source
Bullish
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The Crypto Fear & Greed Index climbed 14 points to 46, its highest level since January 18, reflecting improved market sentiment after Bitcoin surged nearly 6% to around $79,400. Despite remaining in the 'Fear' zone, this marks a strong recovery from the record low of 5 in late February. The rally is driven mainly by demand in the perpetual futures market, though spot demand is slowly declining, raising the possibility of a market correction. Investors are watching ongoing Middle East peace talks, which could further boost Bitcoin's price above $80,000.

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Ether jumps 11% as BlackRock's spot ETFs attract $96M, outpacing Bitcoin's 4% gain this week

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Technical Signals
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Bitcoin, Ethereum, and Zcash show strong recovery signs while XRP struggles to break resistance levels.

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