Cryptocurrency was on the cusp of mainstream acceptance with many title companies and other commercial real estate vendors adopting cryptocurrency as an acceptable form of payment. Will Bitcoin’s the recent turbulence decelerate its momentum?
Three weeks after Bitcoin’s all-time high of nearly $69,000 USD, Bitcoin has tumbled significantly to just above $49,000 USD. The Fear & Green Index — a multifactorial crypto market sentimental analysis unit of measure — was at 71 GREED a month ago, 33 FEAR a week ago, and a mere record low 16 EXTREME FEAR today. The next update is expected today, December 6, 2022 at 7:00 pm EST.
