Market Update

The price of Bitcoin (BTC) is $ 84,000, as it strikes the Crypto Fear & Greed index.

The Bitcoin price (BTC) in the United States on Friday morning increased to about 84,000 dollars after a decrease of $ 78,000, but it is still less than 15 % of its level just one week ago.

Fear and greed index It decreased overnight to 10 – an unprecedented level since the depths of the 2022 bear market – but also wore, which is now residing at the age of 16. This is still in the “extreme fear” range and much less than 55 last week (in the “greed” scope). The levels exceeding 75 are “severe greed” and the index has not been present from the time of Trump’s inauguration.

Even with Friday profit, Bitcoin is less than 1 % than 24 % and wider Coindsk 20 Index About 2 % decreased.

Only in the green color between the main encryption is Solana (SOL), 5 % as CME announced plans To add future contracts To the encryption platform on March 17. However, Seoul remains 36 % over the past month, and because of the levels it had before Donald Trump’s victory in the November elections.

The weekend waved on the horizon

All major stock markets, of course, are closed on weekends. Even foreign currencies, which have been described for decades of time as a market that never sleeps, is closed between Friday and Sunday evenings. However, Crypto does not have any such break, but traders can be forgiven for screaming for one.

Jeff Kendrick of Standard Charterd two weeks ago indicated that the weekends were not nice for Bitcoin recently. Although last weekend was very positive for the largest encryption in the world, the trend before it was less than the prices, often sharply.

Do the origins of risk are really gathering? [this] Kindrik asked the weekend now.

Taking a contradiction is that they may only be. After all, the total risks – at least as specified in President Trump’s warrior definition – can be priced. He promised that the definitions will start by 25 % for Mexico, Canada and 10 % for China next Tuesday. How can things become worse than that? Will they collide with 50 %?

Instead, with the low prices so far (stock markets have also faltered this week), bears may be the most dangerous over the next 48 hours if – for example – a deal is reached or delayed significantly.

buckle.



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