Bitcoin Rises 13% Amid Market Sentiment Shift

iconBitcoinist
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy

According to Bitcoinist, Bitcoin has rebounded from nearly $80,000 to around $91,000, marking a 13% increase in a short period. This recovery follows a recent market panic and has led to a slight improvement in investor sentiment, with the fear and greed index rising from 10 to 20. Bitcoin ETFs have also seen a shift from net outflows to occasional positive inflows, indicating renewed institutional interest. Meanwhile, projects like Bitcoin Hyper, a layer 2 solution built on Bitcoin, are gaining traction, with its presale surpassing $28.5 million and a native token, HYPER, already seeing significant staking activity.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.