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Bitcoin Fear and Greed index spikes to 61 amid market recovery
Bitcoin’s price and market sentiments have been volatile for the better part of July. The shift in market sentiment came amid the German Government offloading 50,000 BTC. During the sell-offs, the Bitcoin Fear and Greed Index dropped to 25, signaling extreme fear among investors.
After 10 years, Mt. Gox, the defunct Japanese crypto exchange, has begun making Bitcoin payments to its clients. Unlike the German dumping period, crypto investors have more faith in the leading crypto coin.
At this time, BTC’s price is $64,817.18, down 0.1% from an hour ago and 0.8% from yesterday. However, BTC’s value today is 11.8% higher than it was seven days ago. As of today, BTC’s market cap is $1.28 trillion, reflecting a 51.31% market dominance.
Bitcoin struggles to spike to its ATH 0 reply
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