The cryptocurrency market capitalisation soared by 4% over the day to $4.07 trillion. The capitalisation has soared into the extreme zone, above which it was only briefly in mid-August and mid-September. Cryptocurrency investors are convinced that the US government shutdown is not dampening risk appetite, and macroeconomic data is pushing the Fed to ease its policy further. The sentiment index rose to 64 (greed), reaching its highest level in the last six weeks. However, the index is far from extreme greed, leaving significant potential for further strengthening. On Thursday morning,…
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