Cryptocurrency Market Remains Elevated as Sentiment Strengthens
The cryptocurrency market remains elevated as Bitcoin trades around $85,798, nearly 49% above its year low of $57,756.
Ethereum and Ripple also trade within a robust bullish outlook, with Ethereum priced at $2,733 and Ripple at $1.53.
The crypto Fear & Greed Index edged higher to 78 on Monday, indicating a strengthening market sentiment.
However, the index suggests that the uptrend may be overextended, and a correction could be imminent.