Crypto saw a breath of life recently. Institutions like GoldmanSachs are showing that big money could be flowing into the markets again.
The total crypto market cap has gained over 7% since Monday to reach nearly $2.1 trillion, according to Coingecko data. The market capitalization figure also reached $2 trillion on CoinMarketCap.“extreme fear” and is now in the “fear” stage with a reading of 40. The volatility and sentiment indicator is based on a scale of 0 to 100 with higher readings corresponding to a more bullish outlook for BTC.
Bitcoin’s Fear & Greed Index remains an important proxy for overall market conditions. Source: Alternative.me The crypto market’s apparent shift in sentiment follows months of downward price action for Bitcoin and altcoins, which led some investors to speculate about the possibility of a full-fledged bear market. Amid geopolitical unrest, however, members of the legacy finance community have identified crypto as a potential opportunity.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BitYard Officially Partners With Mercuryo to Enhance Crypto Payment Solutions – Press release Bitcoin NewsPRESS RELEASE. Mercuryo is an international fintech company based in London founded in 2018, focused on providing cryptocurrency payment solutions. The
Read more »
Crypto.com Chosen as an Official FIFA World Cup Sponsor – Bitcoin NewsAccording to the cryptocurrency trading platform, it plans to “activate its official sponsorship” during the World Cup tournament “in many ways.”
Read more »
Exchanges See Massive Bitcoin Outflow in 7 Days, Signaling Mega Bullish Turn in Crypto MarketsBitcoin's supply on exchanges is at its lowest level since December 2018. This is a key date since it marked the bottom of the 2018 bear market.
Read more »
Russian Law Requires Election Candidates to Disclose Their Crypto Assets – Bitcoin NewsThe Russian parliament has adopted a new law obliging persons running for office to present information about their digital asset holdings.
Read more »
Crypto Taxes in 2022: All You Need to Know According to Koinly – Sponsored Bitcoin NewsCryptocurrency users can face a lot of challenges finding the right information needed for reporting taxes. Koinly, a leading cryptocurrency tax
Read more »
Crypto Pyramid Busted in Russia, Losses Exceed $10 Million – Bitcoin NewsRussian law enforcement agencies have gone after the organizers of a large crypto pyramid promising extraordinarily high returns.
Read more »