As of 10:10 a.m. on the 11th, the global coin market relay site CoinMarketCap recorded a "greedy"
Bitcoin hit an all-time high of $81,474 at around 7 a.m. on the same day.
As Bitcoin continues to rise, the Crypto Fear and Greed Index, which measures market sentiment towards Bitcoin and other cryptocurrencies, also hit its highest level of "greed" in seven months.
The index hit 78 out of 100, entering the Extreme Greed zone, its highest since April 12, when Bitcoin was trading at around $70,000.
Bitcoin entered the extreme greed zone (75-100 points) on October 31, when Republican candidate Donald Trump was in the U.S. presidential race.
It has fluctuated between 70 and 78 points in the past week since Trump's election victory. Meanwhile, industry analysts expect Bitcoin to grow even more before Trump takes office on January 20, 2025.
is expected to rise to
2024/11/11 10:55 KST
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