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Bitcoin ‘extreme greed’ ends matching sentiment from ETF launc | Crypto | Bitcoin | Blockchain

Bitcoin ‘extreme greed’ ends matching sentiment from ETF launch at $46k

After 13 days in an ‘extreme greed’ phase of Bitcoin euphoria, the drop to $61,000 has pushed investor sentiment back into plain ‘greed,’ according to Coinglass. As of press time, Bitcoin is trading at $63,700, just 13% down from its all-time high. At a level of 74 out of 100 on the fear and greed index scale, current sentiment aligns with the optimism shared by the market ahead of the expected spot Bitcoin ETF approvals at the start of January.

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