$BTC 🦅
🔸 Bitcoin’s Fear and Greed Index, which measures #cryptocurrency market sentiment, has hit its lowest level since October 15. The index hit 65 on December 30, still in the greed range.
🔸 According to CoinGecko, #Bitcoin❗ is currently hovering around $93,000, down 13.7% over the past twelve days. Analysts have warned that further price declines are possible, and investors have turned to stablecoins.
🔸 The index was in the upper 70s in November and December, reaching a high of 94 on November 22. However, the recent decline has some analysts predicting increased price volatility.
🔸 According to analysts, as the US president-elect approaches his inauguration, the market is likely to see significant price changes.