Renewed crypto market optimism is evident as the Crypto Fear & Greed Index hits 62, with Bitcoin showing a modest 1% gain amid expectations of near-term stability.
Bitcoin has rebounded modestly to $114,298 as its 1% gain coincides with a rise in the Crypto Fear & Greed Index to 62, while Ether, XRP, and Solana also posted gains. Analysts foresee a potential bullish breakout amid reduced short-term profit-taking.