Bitcoin Nears $100K as Fear and Greed Index at 94 “Extreme Greed”

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Crypto News Today (Oct 31, 2024): Bitcoin Fear & Greed Index Signals Greed | Should You Buy?

The post Bitcoin Nears $100K as Fear and Greed Index at 94 “Extreme Greed” appeared first on Coinpedia Fintech News

Bitcoin is making waves in the crypto world, with its price surging to $99,520—just shy of the long-awaited $100,000 mark. This week alone, Bitcoin has gained 11%, fueling speculation of even higher prices. As traders eagerly anticipate more gains, the Bitcoin Fear and Greed Index has reached 94, signaling “Extreme Greed”—the highest level since February 2021. This indicates a rush of aggressive buying, pushing Bitcoin into price discovery territory, where trends often escalate rapidly. With Bitcoin on the brink of a major milestone, all eyes are on its next move in the market.

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