Greed

Ethereum

Bitcoin

Coin

<ul class="wp-block-list news-points">
 <li>Bitcoin’s 15.31% rebound to the $60K range has shifted the Greed and Fear Index from extreme fear to neutral.</li>
 <li>Positive inflows into Bitcoin ETFs and significant purchases by MicroStrategy have bolstered market sentiment.</li>
 <li>Ethereum options trading has surged, with over 20,000 contracts targeting $3,000 by December.</li>
</ul>
In a remarkable turn of events, the crypto market’s greed and fear index has shifted to a neutral stance, moving away from the intense fear experienced earlier. Recent <a href="https://alternative.me/crypto/fear-and-greed-index/" target="_blank" rel="noopener noreferrer nofollow">data</a> shows the fear index now stands at “50,” up from “32” yesterday, which indicated fear, and “23” last week, reflecting extreme fear.
<div class="wp-block-image">
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This change comes as <a href="https://coinedition.com/is-bitcoins-inactive-supply-index-predicting-a-calm-before-the-next-surge/" rel="noopener noreferrer nofollow">Bitcoin</a> has bounced back to the $60K price point early today, reaching a daily peak of $60,656. Bitcoin was last in the $60K range on August 28, three weeks ago. During this period, Bitcoin’s price dropped to $52,598 on September 6, contributing to the extreme fear sentiment in the market over the past weeks.
Essentially, Bitcoin has rebounded by 15.31% since that decline, helping to improve market sentiment. At press time, Bitcoin hovers just around $60K as it seeks to defend this newly recaptured threshol…
The post <a href="https://coinedition.com/bitcoins-15-rebound-shifts-market-sentiment-from-extreme-fear-to-neutral/" rel="noopener noreferrer nofollow">Bitcoin’s 15% Rebound Shifts Market Sentiment from Extreme Fear to Neutral</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Bitcoin’s 15% Rebound Shifts Market Sentiment from Extreme Fear to Neutral

Coin Edition

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