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There´s been a comeback in the cryptocurrency market. Bitcoin (BTC) has risen around 3% in the last 24 hours and is on the verge of regaining the $28,000 level. Ethereum (ETH), for its part, has soared by the same amount and is trying to consolidate the $1,900 level, a level not seen since the beginning of May.
PROMOTED The world of cryptocurrencies is rife with extreme volatility, necessitating a unique approach to understanding market sentiments. Here, the Crypto Fear and Greed Index (CFGI) comes into play. This index is an intriguing tool that provides insights into the emotional state of the cryptocurrency market, allowing investors to make more informed decisions.
PROMOTED The world of cryptocurrencies is rife with extreme volatility, necessitating a unique approach to understanding market sentiments. Here, the Crypto Fear and Greed Index (CFGI) comes into play. This index is an intriguing tool that provides insights into the emotional state of the cryptocurrency market, allowing investors to make more informed decisions.
Cryptocurrencies face a major downward turn. Bitcoin (BTC) has fallen more than 2% in the last 24 hours to around $28,200, while Ethereum (ETH) has dropped another 2% and is close to $1,850.
Bitcoin has soared over 6% in the last hours and has surpassed the level of $30,000 as it continues to take advantage of the positive inertia that all the financial crisis that was experienced during the month of March has provided for Bitcoin, making it a safe haven asset in the face of turbulence. The crypto exceeds the level of $30,000 for the first time since June 2022.