The percentage of Ethereum (ETH) long-term holders surged from 59% to 75% in 2024, reflecting growing belief in its potential. Meanwhile, Bitcoin’s (BTC) long-term holders decreased from 70% to 62.3%, emphasizing a shift in market sentiment.
The Crypto Fear and Greed Index fell to 64, signaling reduced market Optimism. With Bitcoin’s value recently dropping 12% and trading around 93,000 USD, traders face uncertainties that may impact their investment strategies.
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