Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Tanimariya on October 13, 2021, 04:17:21 PM
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Comments from J.P. Morgan CEO Jamie Dimon contributed to a sour mood across crypto markets. Bitcoin’s price dipped below $57,000 on Tuesday as analysts said the extreme buying in the market could mean the rally may soon be running out of steam.
They pointed to the bitcoin Fear & Greed Index, which entered “extreme greed” territory last week and is at the highest level since early September, which preceded a sharp sell-off in bitcoin. Source Link
(https://www.coindesk.com/markets/2021/10/12/market-wrap-bitcoin-declines-as-indicator-shows-rally-could-lose-steam/)