Crypto Today: Bitcoin, XRP and Ethereum dip slightly amidst fear of market-wide correction

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The Crypto Fear & Greed Index indicates “extreme greed” for the second consecutive day, increasing the chances of a market-wide correction.

Bitcoin holds steady above $72,000 on Thursday, notes a slight decline on the day. Ethereum loses less than 1% of its value, trades above $2,600. XRP trades above $0.51, down less than 1% on the day. The Crypto Fear & Greed Index indicates “extreme greed” for the second consecutive day, increasing the chances of a market-wide correction.

It’s one of the biggest web3 events of the year. See you there. ✊ — CZ BNB October 10, 2024 MicroStrategy announced a plan to raise $42 billion in capital over the next 3 years for Bitcoin purchases, including a $21 billion equity offering and $21 billion raised in fixed-income securities, founder Michael Saylor said on X. MicroStrategy announces $42 billion capital plan including $21 billion ATM equity offering and a target of raising $21 billion in fixed-income securities.

 

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