The Crypto Fear and Greed Index shows a shift from extreme fear at 23 to fear at 27. Bitcoin has recovered slightly after a dip below $100K, reflecting improved market sentiment despite recent volatility.
With Bitcoin’s True MVRV ratio at 1.38, it indicates possible undervaluation. Current stablecoin reserves on Binance stand at 10 billion USD, providing sufficient liquidity to support potential market recovery.
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