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Market Wrap: ‘Extreme Greed’ for Bitcoin Falters at $50K

“The fear is gone for now, and the market is optimistic,” Arcane Research wrote in a Tuesday newsletter. But not enough to keep bitcoin's price above $50K.

Updated Sep 14, 2021, 1:44 p.m. Published Aug 24, 2021, 8:30 p.m.
Bitcoin 24-hour chart
Bitcoin 24-hour chart