Bitcoin Reclaims $114,000, But Why Does The Fear & Greed Index Show 'Fear'?

Bitcoin (CRYPTO: BTC) is hovering around $114,000 as anxious market participants are trying to figure out in which direction the next move will be. What Happened: The CoinMarketCap Crypto Fear & Greed Index currently stands at 39, a notable drop from a “neutral” 47 one week ago in the “fear’ zone.