SOL/USDT daily chart Solana price seems to have formed a local bottom on the daily chart after posting a hammer candlestick on Monday.
Bitcoin trades at $61,200, up nearly 2% on Tuesday. Ethereum ETF issuers have locked in fees and seed investments, awaiting final approval from the SEC. The Fear and Greed index drops to 30, the lowest level in eighteen months. Crypto update: BTC/USDT is trading at $61,200, gaining 2% on Tuesday but wiping out nearly 9% of its value in the past seven days. Profit-taking by traders and the German government’s recent Bitcoin transfers have added to the selling pressure on BTC.
These transfers have played a role in pushing the Fear and Greed index to 30 , the lowest level in eighteen months. The index is used to ascertain the sentiment among crypto traders. Fear and Greed Index News of Mt.Gox repayment of lost Bitcoin and Bitcoin Cash to creditors in kind starting in July also elicited a negative reaction among traders. There is a likelihood of higher selling pressure on Bitcoin if Mt.Gox repayment begins next month.
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