Crypto ‘fear and greed’ gauge improves a bit after 60% selloff

Bitcoin's Fear and Greed Index climbs to 19, marking the highest point in two months. The measure is pushing toward the “fear” area after sitting comfortably in the ‘extreme fear” level. Bitcoin briefly broke above the $20,000 level Tuesday before coming back down. The world’s largest digital token plummeted by almost 60% in the second quarter as hawkish central banks and a string of high-profile crypto blowups hammered sentiment. The seven-day volatility in Bitcoin hit the lowest level since early April while the 30-day volatitude has remained elevated, analysts say. Still, analysts said they wouldn’t be surprised to see a somewhat “uneventful July after a hefty quarter Source