The Crypto Fear & Greed Index shows a “Greed” score of 61, marking an improvement after the October $19 billion liquidation event that caused fear among traders. Bitcoin has surged to a two-month high of $97,704, coinciding with the index’s positive shift. The index analyzes various market factors to gauge sentiment.

Bitcoin holders have been selling their holdings, with 47,244 fewer holders in the last three days. This indicates retail investors leaving due to impatience and fear. However, a decrease in Bitcoin supply on exchanges is seen as a positive sign for price stability, with traders holding onto their assets.

Read more at Cointelegraph: Crypto Fear and Greed Hits Greed as Bitcoin Climbs Two Month High