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Market Sentiment Classified as Greed: Fear and Greed Index Hits 62
The Fear and Greed Index recorded 62 today, up from 59 yesterday, firmly placing market sentiment in the Greed territory. This classification reflects growing bullish momentum across global markets, with traders and investors showing increased appetite for risk-taking in current trading conditions.
The shift upward in the index suggests that market participants are becoming more optimistic, a trend worth monitoring as it could influence short-term price movements.