Bitcoin has experienced a rebound, surpassing the $44,000 level following a recent plunge. The market sentiment, as indicated by the Crypto Fear & Greed Index, leans towards Greed with a value of 72. Grayscale and VanEck’s filings for spot Bitcoin ETFs have raised hopes for approval by the SEC, contributing to the positive market sentiment. The Crypto Fear & Greed Index measures emotions and sentiments in the cryptocurrency market, with a value of 0 indicating “Extreme Fear” and 100 representing “Extreme Greed.” (Source: crypto.news)
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