Bitcoin NewsBinance SquareNews

Bitcoin Price Rebound as Fed Injects $7B Liquidity

Bitcoin rebounds after Fed’s $7B liquidity boost and Binance BTC buy rumors. Sentiment shifts as fear index starts to ease.

  • Fed injects $7B, improving market liquidity
  • Binance rumored to buy over $800M in Bitcoin
  • Crypto sentiment climbs as prices rebound

The crypto market is showing signs of recovery as Bitcoin leads a slight rebound. The Federal Reserve’s recent $7 billion liquidity injection has helped lift investor sentiment, easing fears of a deeper downturn. Rumors that Binance purchased over $800 million worth of Bitcoin ($BTC) also contributed to a renewed risk appetite among traders.

As a result, Bitcoin rose by 0.9% to $88,911, while Ethereum ($ETH) climbed 1.8% to reach $3,027. These modest gains reflect a cautious return of bullish sentiment, especially after weeks of market-wide anxiety.

Sentiment Shifting from Extreme Fear

The Fear & Greed Index (FGI), a popular metric for gauging market sentiment, has risen from 25, though it still hovers in the “Extreme Fear” zone. This suggests that while confidence is beginning to return, many investors remain wary of broader macroeconomic risks.

Total crypto market capitalization currently sits at $3.09 trillion, showing stability despite high liquidation volumes—$196 million in the past 24 hours. These numbers highlight the market’s volatility, but also hint at a possible turning point if confidence continues to grow.

Bitcoin Leading the Rebound

Bitcoin remains the anchor for crypto sentiment, and any positive shift in its price typically reverberates across altcoins. The rumored large-scale BTC buy by Binance has amplified bullish expectations. If confirmed, it could signify institutional confidence returning to the market at current price levels.

Overall, while the rebound is still in early stages, the combination of liquidity support from the Fed and speculative accumulation by major players like Binance has created a foundation for potential upside.

Read Also :

Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

Related Articles

Back to top button