Bitcoin’s price has increased to 114,298 USD, indicating a positive bullish sentiment. Some analysts forecast it could reach up to 125,000 USD in the near term.
The Crypto Fear & Greed Index rose to 62, signaling a transition to the ‘Greed’ zone, reflecting renewed confidence among investors in the cryptocurrency market.
Ether and XRP have also seen price increases, further enhancing the bullish outlook of the overall crypto market as short-term profit-taking has subsided.
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