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Bitcoin declined to the $81,000 area after climbing above $83,000, while major cryptocurrencies were mostly lower. Santiment said large Bitcoin-holder balances reached a six-month high, describing the trend as a bullish setup if it continues.
Fear & Greed Index: 24/100 - Extreme Fear
Leading cryptocurrencies jumped to multi-month highs on Monday amid rampant optimism and growing “fear of missing out.” Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:30 p.m. EDT) Bitcoin (CRYPTO: BTC) +5.42% $85,789.27 Ethereum (CRYPTO: ETH) +2.88% $2,752 XRP (CRYPTO: XRP) +6.55% $1.51 Solana (CRYPTO: SOL) +5.1
Bitcoin, Ethereum and Dogecoin trade higher while XRP and Solana slip, with the Crypto Fear & Greed Index still showing “fear” and no fresh catalyst supplied.
Nasdaq falls for fifth session amid decline in chip shares, with the Fear & Greed Index in 'Extreme Fear' zone.