Bitcoin is right around $21270 this morning with the Fear & Greed index rising to 20/100 in response, the highest since May 7th

Bitcoin (BTC) Fear & Greed Index Hits Highest Level Since May 7

“On Thursday, bitcoin (BTC) rallied by 5.19%. Following a 1.91% gain from Wednesday, bitcoin ended the day at $21,612.

A bearish morning saw BTC fall to a low of $20,243.

Steering clear of the First Major Support Level at $19,982, BTC rallied to a high of $21,840.

Bitcoin broke through the First Major Resistance Level at $20,875 and the Second Major Resistance Level at $21,196.

Market reaction to the Fed meeting minutes from late Wednesday delivered NASDAQ 100 support. On Thursday, the NASDAQ 100 rallied by 2.28%. The bullish sentiment spilled over to the crypto market,

The FOMC meeting minutes highlighted the risk of rate hikes having a ‘larger-than-expected effect on economic growth.’ Prior to the minutes, the markets had priced in a 75-basis point rate hike for July. However, the minutes revealed that participants judged a 50 or 75 basis point increase as appropriate.”

https://finance.yahoo.com/news/bitcoin-btc-fear-greed-index-010615421.html