Good morning, everyone ☕ Bitcoin is back above $80,000!
$BTC Around $80,464 and up approximately 3.4% over the past 24 hours, after dipping close to $75,700 a few days ago.
$ETH It was the strongest among the big players: +5.9%, now around $2,423.
$BNB Up about 2.6%, at around $718.
The Fear and Greed Index rose from 26 to 34, which means the market is still fearful, but less so than before.
The move came after the U.S. midterm election results and a wave of liquidations of short positions.
My take: the rebound is nice, but caution is essential, especially while ETFs are still seeing outflows.
Not financial advice.
What do you think of the start to the day? A real rebound or a trap? 👇
#BinanceSquare #Bitcoin #CryptoMarket
$BTC Around $80,464 and up approximately 3.4% over the past 24 hours, after dipping close to $75,700 a few days ago.
$ETH It was the strongest among the big players: +5.9%, now around $2,423.
$BNB Up about 2.6%, at around $718.
The Fear and Greed Index rose from 26 to 34, which means the market is still fearful, but less so than before.
The move came after the U.S. midterm election results and a wave of liquidations of short positions.
My take: the rebound is nice, but caution is essential, especially while ETFs are still seeing outflows.
Not financial advice.
What do you think of the start to the day? A real rebound or a trap? 👇
#BinanceSquare #Bitcoin #CryptoMarket
