Bitcoin (BTC) once again jumped by hundreds of dollars within a day, recovering to the $8,400 range. BTC climbed in the past day, gradually adding 7% to its price, up to $8,431.78. The leading coin moves with relatively low volumes in the past days, between $13 and $16 billion’s equivalent in a day.
The recent price move led to suggestions that BTC, for now, achieved bottom prices at $7,800. Immediately, the Bitcoin fear and greed index jumped to 38 points, from a recent low of 12 points. The overall sentiment is fear, up from extreme fear in the past week. BTC is still unpredictable, but once again the...