The Bitcoin Fear and Greed Index has been consistently above 80, indicating extreme enthusiasm in the crypto market. The surge in sentiment can be attributed to Donald Trump's victory in the USA 2024 presidential elections. Bitcoin reached a new all-time high above $93,000, causing the Fear and Greed Index to rise. Ethereum and Dogecoin also experienced significant increases in their Fear and Greed Index scores. Some analysts predict that Bitcoin could reach $100,000 by the end of November or December, potentially starting a new bull phase.



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