Bitcoin News Today: Bitcoin Ethereum XRP rally lifts crypto greed index to 60 after months

Following a recent price increase in Bitcoin, Ether, and XRP, sentiment among cryptocurrency market participants has shifted toward optimism, with the Crypto Fear & Greed Index returning to the “Greed” territory for the first time in months. The index, which had fallen into the “Neutral” zone the previous day, climbed to 60 out of 100 on Thursday [1].

Bitcoin rose 1% over the past 24 hours, trading at $114,298, according to Nansen. The modest gain, combined with a similar upward movement in Ethereum and XRP, suggests that traders are interpreting the rally as a sign of near-term stability [1]. Ethereum rose 2.37% to $3,664, while XRP gained 2.14% to $2.97 [1].

On-chain analytics firm Glassnode noted that profit-taking among Bitcoin's Short-Term Holders has “cooled off,” indicating a potential pause in selling pressure and a possible shift toward accumulation [1]. This aligns with the broader market’s improved sentiment, with Ether’s Fear and Greed Index reaching 65 out of 100, signaling strong bullish momentum [4].

Analysts have also commented on the positive developments. Michael van de Poppe of MN Trading Capital noted on X that Bitcoin is consolidating at key resistance levels, suggesting a potential bullish breakout. Meanwhile, trader Galaxy referenced Bitcoin’s volatility in November, when it climbed from $70,000 to $100,000 following U.S. election news, and drew parallels with the current market dynamic [1].

Another trader, Ted, forecasted that Bitcoin could reach new highs of $125,000 soon, potentially triggering $18 billion in liquidations [1]. While these projections reflect market expectations, they remain speculative and should not be taken as investment advice.

The broader crypto market has also seen gains across several assets. Solana (SOL) rose 3.26% to $167.38 during the same period [1]. Ethereum's market dominance has also increased to 18%, reinforcing its position as a leading asset [4].

Whales and institutional investors are also showing renewed interest, with reports indicating that top-tier investors have poured over $110 million into both Bitcoin and Ethereum, signaling a shift in market psychology from caution to optimism [1].

Despite the bullish outlook, the crypto market remains subject to high volatility and rapid reversals. While the recent price action and improved sentiment suggest a positive trend, they do not guarantee sustained growth. Investors are advised to remain cautious and conduct their own research before making any trading or investment decisions [2].

Source:

[1] CoinMarketCap - https://coinmarketcap.com/community/articles/68943aed4efbf54e608dc889/

[2] BlockchainReporter - https://blockchainreporter.net/bitcoins-2025-outlook-can-it-break-the-150k-barrier/

[4] AInvest - https://www.ainvest.com/news/ethereum-news-today-ethereum-surpasses-3-600-resistance-bullish-momentum-builds-2508/