Bitcoin has surpassed the $40k price level. Early in Asian trading hours today (Monday), the value of Bitcoin surpassed the $40,000 mark. The original cryptocurrency is up about 3.8% in the last 24 hours, A key highlight for Bitcoin - As Bitcoin's price is rising, it has surpassed $40,000 for the first time in 19 months since the beginning of the month 5 2022. However, the increase does not only concern Bitcoin. The second largest cryptocurrency by market capitalization, Ethereum, is trading above $2,200 per coin. Over the past seven days, Bitcoin is up 9.5%. FOMO takes over the cryptocurrency market. Although the cryptocurrency industry has experienced positive and negative changes, the phenomenon of FOMO (fear of missing out) has left traders confused. The crypto fear and greed index rose to 74, reaching its highest level since November 2021. The Securities and Exchange Commission (SEC) deadline is approaching, leaving traders optimistic about the upcoming decision on Bitcoin exchange-traded funds (ETFs). Additionally, the participation of large companies in the traditional financial industry such as Blackrock has increased confidence. However, the actions against Binance in the United States have not stopped consumer interest in cryptocurrencies. Former regulatory executive and pleaded guilty to one count of money laundering in the United States, Richard Teng, recently received control of Binance's largest cryptocurrency exchange by trading volume from Changpeng Zhao . The exchange paid $4.3 billion to US federal prosecutors and an additional $2.85 billion to settle with the US Commodity Administration#Bitcoin. $BTC