$BTC #Fear of missing out (FOMO) has gripped the cryptocurrency and stock markets as investors anticipate that the Federal Reserve will begin decreasing interest rates in the first half of last year. The declining US dollar index (DXY), which has retreated to $103.2, supports this notion, as has the fear and greed index, which has risen to 70.
Risk assets have continued to perform well. Bitcoin, the world's largest cryptocurrency, has risen to more than $40,200, a stunning figure for a coin that fell to $15,000 in December of last year. The Dow Jones, Nasdaq 10, and S&P 500 indices in the United States have likewise risen to their greatest levels since 2023.
