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Bitcoin Holds $83,554 as Experts See End of Bear Cycle

Bitcoin Holds $83,554 as Experts See End of Bear Cycle

The cryptocurrency market shows mixed dynamics: major altcoins are trading in negative territory, but Bitcoin maintains its position above $83,000. The Fear and Greed Index is in a neutral phase at 55 points.

Key Market Indicators

  • BTC price around $83,554
  • Bitcoin dominance stands at 60.35%
  • ETH cost approaches $2,510

CryptoQuant experts declare the end of the bear cycle for Bitcoin, which may signal a change in market trend. Against this backdrop, investors are closely watching macroeconomic events and regulatory changes.

Industry Events

France has recorded an increase in crypto-related crime: 90 attacks on investors were committed in seven months. This requires users to take heightened security measures when storing funds.

Major retailer MediaMarkt has temporarily halted sales of Ledger hardware wallets. The reason for the decision was not disclosed, but this event could affect the availability of equipment for new users.

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