BitDigest November 10 · Issue #781
Nov 10, 2020
Author
- Crypto prices slide as bitcoin fights $15,500 resistance
- UK sets out efforts to propose regulatory framework for private stablecoins
- Stanley Druckenmiller latest investor to hold bitcoin
Crypto Fear and Greed Index
The Fear & Greed Index for bitcoin and other large cryptocurrencies jumped 19 points to reach 90, and return to the second highest level of all time, a level not reached since the summer of 2019, when institutional providers like Intercontinental Exchange and PwC began offering services to the market. With with named investors like Jeffrey Gundlach talking about bitcoin’s store-of-value thesis and and Stanley Druckenmiller admitting owning bitcoin, market sentiment is growing favorably.
