Bitcoin and Ether bounced off multi-year lows as dip consumers lastly stepped in, and the spot BTC ETFs noticed a $221 million influx on July 2.
Bitcoin (BTC) rallied, $50 wanting $63,000, on July 3, and Ether (ETH) outperformed the broader market, pushing to $1,775. The tip-of-week rally comes a couple of days after BTC fell to a 21-month low and ETH sank to recent year-to-date lows. Highlighting the unfavourable sentiment, the Crypto Concern & Greed index registered “Excessive Concern” at 11 out of 100.
Crypto Concern & Greed Index. Supply: Different.me
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