What's happening to the crypto bull run?
Techpoint Africa | Bolu Abiodun - Jul 12, 2024
![](https://techpoint.africa/wp-content/uploads/2022/03/still-life-arrangement-with-cryptocurrency-scaled.jpg)
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AI-generated highlightsThe most relavant information from the article.
- Bitcoin reached a new all-time high of $72,000.
- CoinMarketCap's fear and greed index is at 40, indicating cautious sentiment.
- 49% of respondents in a survey are still bullish on the crypto market.
CommentaryExperimental. Chat GPT's thoughts on the subject.
The crypto market is currently experiencing a cautious sentiment as indicated by the fear and greed index. While some investors remain bullish, the recent drop in bitcoin's value and the selling of crypto holdings by governments raise concerns. It is important for investors to closely monitor market dynamics and be prepared for potential fluctuations.
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