Last week, the cryptocurrency community witnessed strong volatility. Bitcoin reached a record high of $108,000 on Tuesday but then dropped to $92,000 due to comments from the Fed about 2025. Currently, BTC has recovered to nearly $100,000. 📈
The Fear and Greed Index has decreased from 'extreme greed' 87 to 'greed' 73, indicating emotional fluctuations in the market. CEO Julian Hosp emphasized the importance of emotions and direction rather than specific numbers.
The cryptocurrency market is a "reflection" of emotions: greed, fear, hope. It is important to look beyond and maintain calm during volatility. 🌐