• Latest
  • Trending
Bitcoin Reclaims $50,000 for the First Time Since Early September as Traders Turn Greedy

Bitcoin Reclaims $50,000 for the First Time Since Early September as Traders Turn Greedy

October 5, 2021
SEC Is Discriminating Against Grayscale: CEO on Suing SEC

SEC Is Discriminating Against Grayscale: CEO on Suing SEC

June 30, 2022
OmniaVerse – Will emergence of this unique young Crypto star bring new hope for the Crypto world.

OmniaVerse – Will emergence of this unique young Crypto star bring new hope for the Crypto world.

June 30, 2022
One More Way to Make Working From Home Secure

One More Way to Make Working From Home Secure

June 30, 2022
Axie Infinity to deploy a large patch today

Axie Infinity to deploy a large patch today

June 30, 2022
Ethereum Rising Gas Fees are Still Concerning But Presents Opportunity For Decentralized Exchanges

Ethereum Rising Gas Fees are Still Concerning But Presents Opportunity For Decentralized Exchanges

June 30, 2022
Crypto Vs. Stocks: The Similarities and Differences | by Cryptohopper | The Capital | Jun, 2022

Crypto Vs. Stocks: The Similarities and Differences | by Cryptohopper | The Capital | Jun, 2022

June 30, 2022
OpenSea data breach causes massive leak of users’ email addresses

OpenSea data breach causes massive leak of users’ email addresses

June 30, 2022
Deutsche Bank Predicts Bitcoin May Reclaim $28,000 This Year

Deutsche Bank Predicts Bitcoin May Reclaim $28,000 This Year

June 30, 2022
Marathon Digital Holdings Provides Update on Its Bitcoin Mining Operations in Montana

Marathon Digital Holdings Provides Update on Its Bitcoin Mining Operations in Montana

June 30, 2022
  • Contact Us
  • Privacy Policy
Thursday, June 30, 2022
Mount Rushmore Crypto
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • Store
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • Store
No Result
View All Result
Mount Rushmore Crypto
No Result
View All Result
Home Crypto

Bitcoin Reclaims $50,000 for the First Time Since Early September as Traders Turn Greedy

Automatic by Automatic
October 5, 2021
in Crypto, Top News
0
Bitcoin Reclaims $50,000 for the First Time Since Early September as Traders Turn Greedy
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter


Alex Dovbnya

Bitcoin reclaims $50,000 during the first week of “Uptober”

Related articles

SEC Is Discriminating Against Grayscale: CEO on Suing SEC

SEC Is Discriminating Against Grayscale: CEO on Suing SEC

June 30, 2022
OmniaVerse – Will emergence of this unique young Crypto star bring new hope for the Crypto world.

OmniaVerse – Will emergence of this unique young Crypto star bring new hope for the Crypto world.

June 30, 2022

Bitcoin has managed to revisit the $50,000 level on the Binance exchange for the first time since Sept. 7, the day El Salvador adopted the largest cryptocurrency as legal tender.

BTC
Image by tradingview.com

The Crypto Fear and Greed Index, a popular tool for measuring Bitcoin market sentiment, is now flashing “greed.”

Bitcoin Fear and Greed Index is 59 — Greed
Current price: $49,482 pic.twitter.com/U1C5j8SIWR

— Bitcoin Fear and Greed Index (@BitcoinFear) October 5, 2021

The benchmark crypto peaked at $49,811 on the Bitstamp exchange earlier today, stopping short of reclaiming the psychological price point. However, bulls stepped in to push the Bitcoin price higher following several rejections.

After recovering from the El Salvador sell-off, Bitcoin plunged due to problems on China’s property market affecting the global economy in late September. Within the same week, the largest cryptocurrency was also hit hard after the Chinese government introduced its harshest measures yet against the cryptocurrency industry.

On Sept. 28, the sentiment indicator dipped into “extreme fear” territory when Bitcoin was teetering on the verge of plunging below the $40,000 support. This, as some expected, marked the bottom of the correction.

The largest cryptocurrency is now up 21% over the past week, with “Uptober” so far living up to its name.





Source link

ShareTweetShareShare
Previous Post

NFT Trading Volume Surges 700% to $10.7B in Q3

Next Post

Contango and Influx Support MRHB DeFi’s Inclusive and Ethical Vision | by The Capital | The Capital | Oct, 2021

Related Posts

SEC Is Discriminating Against Grayscale: CEO on Suing SEC

SEC Is Discriminating Against Grayscale: CEO on Suing SEC

by Automatic
June 30, 2022
0

Yuri Molchan Grayscale CEO explains why SEC is wrong in rejecting their spot BTC ETF and what arguments they have...

OmniaVerse – Will emergence of this unique young Crypto star bring new hope for the Crypto world.

OmniaVerse – Will emergence of this unique young Crypto star bring new hope for the Crypto world.

by Automatic
June 30, 2022
0

Toronto, June 28, 2022 (GLOBE NEWSWIRE) — Even with the current state of the Crypto Market, a first of its...

One More Way to Make Working From Home Secure

One More Way to Make Working From Home Secure

by Automatic
June 30, 2022
0

In the same way, individuals can prove that, for example, they have paid their taxes, that they live in a...

Axie Infinity to deploy a large patch today

Axie Infinity to deploy a large patch today

by Automatic
June 30, 2022
0

Axie Infinity is set to enter a crucial phase in its development after months of delay. The Axie Infinity team...

Ethereum Rising Gas Fees are Still Concerning But Presents Opportunity For Decentralized Exchanges

Ethereum Rising Gas Fees are Still Concerning But Presents Opportunity For Decentralized Exchanges

by Automatic
June 30, 2022
0

Paying gas fees is a crucial component of exchanging crypto and mining digital assets yet remains a significant cost barrier...

Load More

Enter your email address:

Delivered by FeedBurner

Quick Navigate

  • Home
  • Crypto
  • Crypto Technical Analysis
  • Top News
  • Thank You
  • Store

Top News

Starbucks joins NFT party, UK government seeks stablecoin regulations and Crypto Twitter rallies behind cancer fighter, Hodler’s Digest: Apr. 3-9

Katie Haun’s VC Firm Leads $11M Round for Web 3 Community Platform Highlight

We Still Know Nothing About the Metaverse

© 2021 mtrushmorecrypto - Crypto Related News Blog

No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • Store

© 2021 mtrushmorecrypto - Crypto Related News Blog

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT