The crypto market has reached a new milestone, exceeding $1.33T in total capitalization, marking +20% compared to a month, with a trading volume in the last 24 hours exceeding $39 billion.

The growth is mainly due to the news regarding the imminent approval of the BlackRock Spot ETF and subsequently also of the others (Fidelity, Vanguard, Grayscale etc...), therefore a significant increase in interest from institutional and retail investors interested in innovation technological and clearly from the intrinsic value of cryptocurrencies.

In addition to this, the Fed played a major role in deciding not to increase interest rates for the moment, giving investors greater confidence.
This, obviously, follows an increase in the price of all cryptocurrencies including Bitcoin +25% approximately in a month, Ethereum +16% and Ripple +37.4% which exceeds Binance's BNB in market capitalization which has suffered an attributable decline to the ongoing lawsuit with the SEC that began approximately between spring and summer 2023 and the elimination of various services including the VISA card.

Bitcoin's FEAR & GREED is now expected at 74, so it is GREED, just 1 point away from the EXTREME GREED level.

As the Fear & Greed index reminds, the crypto market is very emotional, if we are on Extreme Fear, investors are very worried and it could be a great time to buy, on the contrary Too Gready, means the market could be close to a correction.