The CNN Money Fear and Greed index showed some improvement in overall sentiment in U.S. investors on Friday.
U.S. stocks closed higher on Friday following Federal Reserve Chair Jerome Powell’s remarks at the Jackson Hole Symposium. Powell signified the Fed’s readiness to raise interest rates if deemed suitable.
With a decision on the approval of spot Ethereum ETFs looking on May 23, the cryptocurrency community is discussing whether Ethereum (CRYPTO: ETH) is ready to rebound.