Growth
Bitcoin Swings Between $81,000 and $84,000
Bitcoin experienced significant volatility, fluctuating between $81,000 and $84,000 over the past 24 hours. The cryptocurrency's price dropped to around $81,000 in early Asian trading, only to recover and trade near $83,500 by early Tuesday. Other altcoins, such as ZEC, HYPE, SOL, and DOGE, experienced losses, with ZEC falling nearly 8% to $1,210 and HYPE dropping nearly 6% to $82. Ether and BNB also saw modest declines, with Ether slipping between 1% and 2% and BNB dropping 1% to 2%. The Crypto Fear & Greed Index, which measures market sentiment, fell to 57, indicating a shift towards a more neutral or even slightly bearish sentiment. JPMorgan dropped more than 2% in early trading due to its earnings report, which marked the start of the U.S. earnings season. The Stoxx 600 index rose 0.4%, supported by falling oil prices and bond yields. The next major test for markets will be the upcoming U.S. inflation data on Thursday.