Bitcoin has reached a new record high of over $75,000, signaling optimism in the market and easing concerns of a selloff. The Fear and Greed Index reflects "extreme greed" among investors. The injection of stablecoins, particularly Tether, into the market suggests rising buying interest and liquidity. The recent U.S. elections and expectations of interest rate cuts from central banks have boosted investor confidence. Institutional investors are increasingly interested in Bitcoin ETFs, and traditional investors are viewing Bitcoin as an alternative hedge against inflation. Overall, Bitcoin's appeal as a store of value is growing, drawing interest from both institutional and retail investors.



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