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I noticed an interesting movement in Bitcoin – the price has risen above $78 thousand, which looks pretty good against the chaos happening in the market. It seems like the wave of fear and uncertainty ( the very FUD) is beginning to recede, although it's still a long way from being over.
I look at altcoins – Solana, Chainlink, Pepe – they’ve also become somewhat more active, although they show mixed results over the past 24 hours. Maybe this is just a bounce off the bottom, or the market is really starting to recover after all these news and uncertainties.
Overall, it’s interesting to see how Bitcoin pulls the rest of the market. When BTC starts to grow, even if it’s a small increase, other coins usually respond. FUD still hangs in the air, but it seems traders are starting to take a bit more risk.