Fear and Greed Index Returns Above 40, BTC Weekly Gains 5.66%, ETH Weekly Gains 13%

BTC-0,26%
ETH0,47%

Gate News reports that on March 18, New Fire Research Institute released data showing that during the trading week from March 11 to 18, the Nasdaq index decreased by 1.26% for the week, while Bitcoin (BTC) rose by 5.66% over the same period, and Ethereum (ETH) increased by 13%. The CoinMarketCap Fear and Greed Index is currently above 40, and CoinGlass data shows a reading of 27, both indicating they have moved away from the extreme fear zone since November last year. The New Fire Research Institute notes that the Federal Reserve will make a statement tomorrow morning regarding the future pace of interest rate cuts.

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