Matrixport: Bitcoin Reaches "Panic Peak," Urgent Need for Key Catalysts
ChainCatcher message, Matrixport released a chart today stating that the Bitcoin Greed and Fear Index has once again reached "extreme fear" levels. We developed this index to provide a more strategic and timely sentiment reference than the widely cited "Fear and Greed Index."
Historical data shows that Bitcoin typically rebounds in such situations. Key catalysts for this week include the presidential debate between Harris and Trump on Tuesday, and the U.S. CPI report on Wednesday.
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