Bitcoin Market Sentiment - May 16, 2024: Extreme Greed (112/100)
Bitcoin market sentiment on May 16, 2024 was 112/100 (Extreme Greed), per Perception's analysis of 97 signals across 1,000+ media sources.
Fear & Greed Index
Based on analysis of 97 sources
Daily Sentiment Analysis
Markets displayed extreme greed with a score of 112/100. Strong bullish sentiment was detected across 97 sources with 63 positive signals.
The Bitcoin Fear & Greed Index measures investor sentiment on a scale of 0-100, where 0 represents extreme fear and 100 represents extreme greed. On May 16, 2024, the market sentiment was classified as Extreme Greed.
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