🟡On the morning of September 29, Bitcoin climbed back above $112,000, recovering losses from the end of last week. The flagship cryptocurrency gained over 2% in 24 hours, while the Fear & Greed Index rebounded from a five-month low back to neutral levels—signaling a renewed investor appetite for buying, though risk-taking remains cautious.
🟡Altcoins joined the rebound: Ethereum reclaimed the $4,000 mark, and XRP outperformed among large-cap tokens. The total crypto market cap reached $3.85 trillion, while short liquidations showed that many traders were caught off guard by the surge. Analysts note that for Bitcoin to maintain an uptrend, it needs to hold above $105,000, which could pave the way for new records in Q4.