Crypto Fear & Greed Index Rise Fuels Altcoin Buying Surge

Crypto Fear & Greed Index HYPE token Venice Token Near Protocol altcoin buying

The cryptocurrency market showed a rebound over the weekend, with Bitcoin, Solana and Ethereum gaining more than 10 % from their year‑low levels. This upturn coincided with the Crypto Fear & Greed Index climbing from 15 in early June to 26, indicating improved sentiment.

Analysts highlighted several altcoins as attractive purchases. The HYPE token has recovered from a monthly low of $61.58 to $71.45 and is near its all‑time high. Venice Token (VVV) showed strong user growth and token‑burn activity, while Near Protocol (NEAR) remains above its 200‑day moving average and benefits from AI and privacy‑focused developments.

Broader macro‑economic signals are also seen as supportive. A weaker U.S. dollar following recent U.S. labor‑market data, alongside expectations around oil prices and Federal Reserve policy, are viewed as factors that could sustain the crypto rally.

Sources

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