BTC/USD & ETH/USD Key Points

There was little in the way of major developments in the cryptoasset space last week, but there were some items of note:

Key Points

There was little in the way of major developments in the cryptoasset space last week, but there were some items of note:

While not “news” per se, so-called “Permanent Holders” of Bitcoin have been ramping up their buying of the cryptocurrency in recent weeks.

After cratering to a low of 17 on Monday (lower than during the FTX implosion in Q4 2022), the Crypto Fear and Greed Index recovered back toward the middle of its recent range near 48.

Bitcoin prices swooned to start last week, briefly falling below $50K to a 6-month low before recovering strongly.

Ether prices traced out a similar path, though the technical outlook for the second largest cryptoasset is decidedly less bullish.

The above is the detailed content of BTC/USD & ETH/USD Key Points. For more information, please follow other related articles on the PHP Chinese website!