welcome
CoinGape

CoinGape

Business

Business & Economics

Bitcoin price has failed to break past $85,000 for more than a week as the crypto fear and greed index plunges into extreme fear

CoinGape
Summary
Nutrition label

55% Informative

Bitcoin price has failed to break past $ 85,000 for more than a week as the crypto fear and greed index plunges into extreme fear.

The choppy price moves have led to massive institutional outflows from spot Bitcoin ETFs this week .

However as Bitcoin sees steady outflows, investors are actively accumulating 3 altcoins, which may precede a massive price rally for these coins.

These altcoins include Ethena ( ENA ), Mantra (OM) and Maker (MKR) These coins have seen a rapid surge in exchange outflows.

VR Score

32

Informative language

22

Neutral language

37

Article tone

formal

Language

English

Language complexity

37

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links

Small business owner?

Otherweb launches Autoblogger—a revolutionary way to bring more leads to any small business, using the power of AI.