馃殌 Crypto Market Sentiment Shifts to Greed Zone! 馃殌
- The crypto fear and greed index hit 60 today, signaling slightly greedy conditions for the first time in six weeks.
- Bitcoin (BTC) has surged 12% since Oct. 10, briefly touching a two-month high of $68,375 on Oct. 16.
- Despite a slight correction, BTC is trading at $67,350, with 95% of holders in profit.
- Daily active addresses in profit dropped, suggesting some investors expect further price hikes.
- Increased demand for spot BTC ETFs in the U.S. has driven this bullish momentum, with $1.6 billion net inflow in four days.
What do you think? Share your thoughts in the comments! 馃挰