Sellers are taking a breather as bitcoin’s Fear & Greed Index plunged to levels never seen before.
Bitcoin retakes $64,000, crypto miners rally, as AI-related software rout eases
Sellers are taking a breather as bitcoin's Fear & Greed Index plunged to levels never seen before.
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The sharp moves happened amid a relatively muted action in the broader crypto market, with bitcoin modestly up above $114,000.
Trump’s Fed pick Kevin Warsh could shock markets with 100 bps in rate cuts this year, economist says
Economist Robin Brooks expects the Warsh-led Fed to cut rates hard and fast, contradicting fears of slower easing.
The largest cryptocurrency extended its rally, pushing related equities higher as well.
The asset manager’s base case assumes bitcoin gains traction as a settlement tool and reserve asset over the next 25 years.