Reported 1 day ago
Major cryptocurrencies, including Bitcoin, Ethereum, XRP, and Dogecoin, are experiencing price declines as the Crypto Fear & Greed Index indicates a shift to 'Greed.' This change in sentiment raises concerns about potential profit-taking and market consolidation following recent price rallies. Despite increasing institutional demand, Bitcoin and Ethereum reported drops in transaction volume, while a significant number of traders were liquidated. Analysts suggest that Bitcoin is at a crucial support level, and bullish trends for Ethereum and Solana could emerge if current resistance levels are maintained.
Source: YAHOO