The Crypto Fear and Greed Index just ended a 48-day stretch in the “extreme fear” zone, signalling improving sentiment among investors. Will fresh capital inflows reignite the bull market?
Bitcoin price action fell to week-to-date lows with Bitcoin caught between high US inflation and nerves over Fed policy hints at the day's FOMC meeting.
A Bitcoin price rally to $80,000 would bring the bulk of spot BTC ETF holders to breakeven on their positions and possibly signal the resumption of the crypto bull market.