The Crypto Ferry and Laured Index, which tracks the overall emotion of the crypto market, has been in the “greedy” zone despite the growing geographical political tension despite the geographical political tensions after Israel launched a series of air strikes on Iran.
The index posted a score of 60 in its Sunday’s update, keeping its position in the Lalich area despite Bitcoin (BTC) on Friday. Then on Thursday, 22:50 UTC was heard about the alleged blasts in Tehran, which Israel claimed responsibility for. Iran allegedly retaliated with “a dozen ballistic missiles” on Friday night.
On Thursday, the Index was a greed for the greed of 71.
BitCoin was close to all time height
Bitcoin prices dropped as it was approaching its height of $ 111,970 on May 22. According to the Queen Market Cape, BitCoin is trading at 105.670 at the time of publication.
In the meantime, Ether (ETH) reached a lower level of $ 2,454 before he recovered at the time of publishing by 10.79 % during the same period.
Crypto market participants identified BitCoin’s relatively strength in view of the situation. “Butt Coin does not seem to worry about the conflict between Israel and Iran (yet),” Crypto analyst Za said in the X post on Saturday.
ZA said, “There is no better indicator than BitCoin, which is noteworthy in my opinion.”
“Bit Coin is restless,” Crypto Entrepreneur Anthony Pompeliano said in a post that same day. “
Traders are confident that it will be above the psychological, 000 100,000 price level, which it regained for the first time in three months on May 8. According to the Konglas data, the lower than the level of the price can put more than $ 1.74 billion in positions longer than $ 1.74 billion.
Meanwhile, the Spot Butt Coin Exchange Trade Funds (ETF) published a straightforward week for the commercial week ending Friday, with a $ 1.37 billion arrival in five days.
However, Spot Ether ETFS terminated its 19 -day arrival on Friday, with a net cost of 1 2.1 million.
Bitcoin falls short after Iran’s invasion of April 2024
After the airstrike on Friday, Bitcoin prices were less tough than April 2024, when Iran attacked Israel extraordinarily.
Related: BitCoin Bills B 112K with BTC tamper
The strike, which was a retaliation against the Iranian embassy’s Israeli bombings in Damascus, sent the BTC price of 8.4 percent on April 13, 2024.
Although the index recorded a “greedy” score of 72 the same day, until May 2, 2024, it came to the score of 43 “fear”.
Magazine: Old investors are endangering everything for a crypto -financing retirement
