Anticipation for the approval of spot-bitcoin exchange traded funds, or ETFs, has helped drive BTC price for months, and a report by Reuters over the weekend helped reignite speculation that a green light could be imminent.
The CoinMarketCap Fear & Greed Index, for one, is solidly in the greed territory... market participants are feeling more confident than not.
This may sound counterintuitive. But when the market is greedy, bitcoin price will go up - it's just that lesser coins will go up faster... BTC.D has been trending down gently, mostly holding steady between 55% and 50%.
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