Crypto Market in 'Extreme Fear', Bitcoin's Reserve Boosts Confidence

Extreme Fear Grips Crypto Market: Bitcoin and Ethereum Plummet; Strategy Incorporateds Cash Reserve Aims to Stabilize FinancesThe Crypto Fear and Greed Index stands at a record low of twenty-three, indicating widespread pessimism in the crypto market. Bitcoin and Ethereum have both experienced significant drops, with Bitcoin reaching record highs earlier this year but now facing a sharp downturn. Strategy Incorporated, the largest corporate holder of Bitcoin, has announced a one point four four billion dollar cash reserve to reassure investors and stabilize finances.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.