The Crypto Fear & Greed index has returned to a neutral level because Bitcoin has been able to regain the psychological level of $40,000 per one digital coin:Source: alternative.meThat has been the index\u2019s highest level since May 12th, which is a signal that the bullish sentiment is returning to the market:Source: TwitterFrom a fundamental point of view, the change of market sentiment is taking place because of the continued positive crypto news and events. For example, starting from August 2nd, the German institutional funds (the so-called Spezialfonds) will be allowed to invest in crypto and hold up to 20% of their assets in cryptocurrencies. According to Bloomberg, these German funds currently manage about \u20ac1.8 trillion ($2.1 trillion). And if 20% of this money goes to the cryptocurrency market in the next couple of years, it is an additional \u20ac360 million ($420 million) for the crypto industry.But not only the number of institutional investors is increasing; the number of cryptocurrency users is growing exponentially as well. According to Crypto.com, the global crypto users surpassed 220 million in June that is more than twice the number of users at the beginning of the year:Source: Crypto.comAfter another positive week, the Monday market starts with a small price pullback. According to Coin360.com, one Bitcoin costs \u20ac33,578.25 (-4.23%), one Ethereum \u2014 \u20ac2,182.14 (-0.04%), one DOGE \u2014 \u20ac0.1746 (-0.36%), and one UNI \u2014 \u20ac18.84 (+0.27%):Source: Coin360.com (Daily crypto market performance)Now let us analyze the price charts of the leading cryptocurrencies against the euro in the most noteworthy time frames.BTC\/EURIn the monthly time frame (MN), BTC\/EUR formed a bullish candlestick for July that has covered the body of the previous small candlestick:Also, the bullish candlestick has a local high slightly above the local high of the previous candlestick and a local low slightly above the previous one.\u2026<\/p>","protected":false},"excerpt":{"rendered":"
The Crypto Fear & Greed index has returned to a neutral level because Bitcoin has been able to regain the psychological level of $40,000 per one [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/posts\/5070"}],"collection":[{"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/comments?post=5070"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/posts\/5070\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/media?parent=5070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/categories?post=5070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/tags?post=5070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}