Scaramucci: ‘We’re through the bear market’ as Bitcoin notches up 70% YTD
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Following Bitcoin’s (
Additionally, the two largest crypto exchanges in the world according to CoinMarketCap — Binance and Coinbase — have both been subject to recent scrutiny from regulators.
Coinbase received a Wells Notice on March 22 notifying of possible enforcement action from the Securities and Exchange Commission, while Binance has been sued by the Commodity Futures Trading Commission after allegedly violating trading and derivatives rules
Yet, despite these events, crypto sentiment remains positive.
The Crypto Fear & Greed Index, an indicator used to measure crypto sentiment, is currently sitting in greed territory and is pushing for highs that haven’t been seen since November 2021 — Bitcoin’s all time high.
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