ChainCatcher message, today the Fear and Greed Index has dropped to 50, changing from Greed to Neutral.Note: The Fear Index threshold is 0-100, including indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Heat (15%) + Market Surveys (15%) + Bitcoin's Proportion in the Overall Market (10%) + Google Trends Analysis (10%).

ChainCatcher news, according to Alternative data, the Fear and Greed Index has fallen to 54 today, indicating a neutral market sentiment.It is reported that the Fear Index threshold ranges from 0 to 100, including the following indicators: volatility (25%) + market trading volume (25%) + social media hype (15%) + market surveys (15%) + Bitcoin's proportion in the overall market (10%) + Google Trends analysis (10%).

ChainCatcher news, according to CoinDesk, Wall Street giant Goldman Sachs has released a report stating that after Bitcoin (BTC) reached an all-time high and daily trading volume hit levels not seen since 2021, it has ended its pessimistic stance on the cryptocurrency trading platform Coinbase (COIN), upgrading its stock rating from sell to neutral. Goldman Sachs also raised the price target for Coinbase stock from $170 to $282. Coinbase's stock price fluctuated slightly in pre-market trading, reporting at $242.10.

ChainCatcher news, according to CoinDesk, JPMorgan stated in a research report on Thursday that it has upgraded the stock rating of cryptocurrency exchange Coinbase (COIN) from underweight to neutral, reflecting the recent rise in cryptocurrency prices following the approval of a spot Bitcoin ETF in the United States.The report noted that the expected increase in cryptocurrency prices will enhance Coinbase's trading activity levels and profitability in the first quarter. JPMorgan upgraded the stock from underweight to neutral, but kept the target price unchanged at $80.

ChainCatcher news, Citibank stated in a research report on Monday that Coinbase (COIN) will continue to be weighed down by high uncertainty until better cryptocurrency regulations are established in the United States. Citibank downgraded Coinbase's stock rating from Buy to Neutral and lowered the target price from $80 to $65. Coinbase's stock price fell 1.2% to $49.54 in pre-market trading.Analysts led by Peter Chistiansen wrote, "The idea of Coinbase re-registering outside the U.S., the company's public response, and now the formal lawsuit against the SEC all indicate that the Well process has not yet been fruitful." (CoinDesk)