cryptofamily

The "crypto fear and greed" index reached 87, a record since Nov. 23

Bitcoin hit $107,800 last night on expectations of a 0.25% interest rate cut by the U.S. Federal Reserve on Dec. 18. Market participants are predicting a rise to $125,000 by January.

The "crypto fear and greed" index reached a maximum of 87, which indicates the dominance of euphoria in the market. However, experts warn of a possible local peak and correction.

Social networks are actively discussing bitcoin, which has become the most popular asset of the week. In Telegram, Reddit and X, a positive mood prevails with expectations of growth to $110,000. 

Too much optimism in the market and hype around bitcoin, this kind of thing often leads to negative consequences. Very often on such a background there is a market shedding and a huge amount of liquidation.

Yes, the index of "crypto fear and greed" has reached 87. There is a euphoria in the market. I think that you can't do without correction.
1090 $DEGEN

I would like to hope that there will not be a market shedding and a huge liquidation. We'll see😉 Thanks for sharing.
930 $DEGEN