Bitcoin

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<ul><li>Cryptocurrency&#39;s 2024 launch brings a bullish trend post substantial 2023 investment, setting an optimistic stage for the year.</li><li>Resilience against regulatory hurdles propels renewed faith in crypto, suggesting recovery from 2022/2023 bear market setbacks.</li><li>Ethereum and Solana lead altcoins, echoing Bitcoin&#39;s price movements, while speculation swirls around the potential approval of Bitcoin ETFs.</li></ul>The cryptocurrency landscape kicks off 2024 on a robust note, sustaining a bullish trend over the past 48 hours. This surge follows a substantial inflow of funds into crypto investment products in the latter part of 2023, setting an optimistic stage for the year ahead.Both institutional investors and individual traders are displaying renewed faith in the endurance of the crypto market. Their confidence stems from its resilience against regulatory hurdles in the United States and other global regions. Overcoming setbacks like the <a href="https://twitter.com/FT/status/1720227790329381017" rel="noopener noreferrer nofollow">FTX collapse</a>, <a href="https://twitter.com/cz_binance/status/1727063503125766367" rel="noopener noreferrer nofollow">Binance controversies</a>, and the <a href="https://twitter.com/Ripple/status/1679577577210675200" rel="noopener noreferrer nofollow">SEC-Ripple battle</a> suggests that the market has likely moved past the worst of the 2022/2023 bear market.Ethereum (ETH) and Solana (SOL) lead the altcoin sector, mimicking Bitcoin&#39;s recent price fluctuations. ETH is trading at <a href="https://coinmarketcap.com/currencies/ethereum/" rel="noopener noreferrer nofollow">$2,426</a>, marking a 6.32% increase in the last 24 hours. Meanwhile, SOL is trading at <a href="https://coinmarketcap.com/currencies/solana/" rel="noopener noreferrer nofollow">$114.30</a>, indicating an 11.87% uptick in the last 24 hours. Speculation swirls around the potential approval of <a href="https://twitter.com/JSeyff/status/1741119130705473948" rel="noopener noreferrer nofollow">spot Bitcoin exchange-traded funds</a> (ETFs) in the U.S. by the week&#39;s end, driving a bullish sentiment. Conversations buzz within the market, deliberating whether this potential approval will spark growth or trigger a sell-off.Read full article at <a href="https://cryptotale.org/fud-to-fomo-fear-turns-to-exuberance-as-crypto-market-bounces-back/" rel="noopener noreferrer nofollow">CryptoTale.</a>

FUD to FOMO: Fear Turns to Exuberance as Crypto Market Bounces Back

CryptoTale

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