$BITCOIN climbed back above the $70,000 mark after a recent pullback, buoyed by softer-than-expected U.S. inflation figures that revived risk appetite across markets.
Still, sentiment hasn’t fully recovered. The Crypto Fear & Greed Index remains stuck in “extreme fear,” suggesting investors are cautious despite the bounce.
On-chain data adds another layer to the story: roughly $8.7 billion in realized bitcoin losses were recorded over the past week. That level of pain selling could point to a capitulation phase, with coins potentially moving from weaker hands to longer-term holders.$BTC #BTCVSGOLD
BTC
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