Greed

2024

Bull Market

Bitcoin

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 <li><strong>Bitcoin has experienced a prolonged period of price fluctuations despite previous all-time highs</strong></li> 
 <li><strong>Bitcoin’s RSI at 46.86 indicates neutral momentum, suggesting neither overbought or oversold conditions.</strong></li> 
 <li><strong>The Crypto Fear &amp; Greed Index has risen by 7.14%, indicating a shift towards more positive market sentiment.</strong></li> 
</ul> 
<p>Bitcoin Magazine Pro, a Bitcoin analyst, recently noted that <a href="https://coinedition.com/6-in-10-top-hedge-funds-now-own-bitcoin-etfs/">Bitcoin</a>, despite reaching new all-time highs earlier this year, has since experienced a multi-month choppy drawdown. This has led to growing investor concerns about the sustainability of the current bull market.&nbsp;</p> 
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   <p lang="en" dir="ltr">After <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitcoin</a> broke out to new all-time highs earlier this year, the market has experienced a multi-month choppy drawdown period, leading investors to wonder whether this bull cycle may already be over!<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f62c.png" alt="😬" class="wp-smiley" style="height: 1em; max-height: 1em;"> <br><br>Here we'll uncover the data to see if this is the case:<br><br>Full video<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/D3NXIzlWwg" target="_blank" rel="nofollow">pic.twitter.com/D3NXIzlWwg</a></p>— Bitcoin Magazine Pro (@BitcoinMagPro) <a href="https://twitter.com/BitcoinMagPro/status/1825895872133005519?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 20, 2024</a>
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<p>Bitcoin’s price currently stands at <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="nofollow">$59,337.38</a>, with a 24-hour trading volume of $31.54 billion, reflecting a 0.84% increase in the last 24 hours. The market cap is $1.17 trillion, with a circulating supply of 19,742,653 BTC out of…</p>
<p>The post <a href="https://coinedition.com/bitcoins-market-cap-reaches-1-17t-amid-bull-market-uncertainty/">Bitcoin’s Market Cap Reaches $1.17T Amid Bull Market Uncertainty</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Bitcoin’s Market Cap Reaches $1.17T Amid Bull Market Uncertainty

Coin Edition

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