Bitcoin Rebounds, but Ex-Binance CEO Issues Caution on FOMO
Bitcoin Rebounds, but Ex-Binance CEO Issues Caution on FOMO
In just a few hours, Bitcoin (BTC) rose from a low of $89,000 to $99,000, reviving the cryptocurrency market's optimism following a severe sell-off earlier this week. In just 48 hours, numerous alternative cryptocurrencies reported double-digit percentage gains, demonstrating that the recovery had spread to the altcoin arena. Market participants' fear of missing out (FOMO) has returned as a result of this quick shift from fear to greed.
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