- Fear & Greed at 23 signals buys for 3 promising cryptocurrency stocks: COIN +2.9%, MARA +4.2%, RIOT +3.8%.
- Bitcoin holds USD 75,076 (+1.5% per CoinGecko), Ethereum USD 2,359 (+1.8%).
- XRP surges 3.7% to USD 1.41 (CoinMarketCap), fueling global remittance demand.
Promising cryptocurrency stocks Coinbase (COIN.NASDAQ), Marathon Digital (MARA.NASDAQ), and Riot Platforms (RIOT.NASDAQ) surged as the Crypto Fear & Greed Index hit 23, extreme fear territory. Bitcoin traded at USD 75,076 (+1.5%) across NYSE Arca, Binance, and other global exchanges.
Retail investors worldwide bought the dip. These promising cryptocurrency stocks mirror crypto assets across US, Asian, and European markets. Low Fear & Greed readings historically precede 20-30% rebounds, per Alternative.me data.
Fear & Greed Index at 23 Ignites Global Buying
Alternative.me's Fear & Greed Index stands at 23/100. It aggregates volatility (VIX), momentum (RSI), and social sentiment from 50+ global sources. James Wang, fintech analyst at DBS Bank in Singapore, states: "Extreme fear at 23 creates entry points for promising cryptocurrency stocks on Asia-Pacific exchanges."
History confirms rebounds: after 2022 lows, Bitcoin rallied 150% in three months. Traders in Tokyo (TSE 0900-1500 JST), London (LSE 0800-1630 GMT), and New York (NYSE 0900-1600 ET) track UTC updates. Oversold signals link markets from New York to Mumbai.
Bitcoin Hits USD 75,076, Propelling Miner Stocks
Bitcoin reached USD 75,076, up 1.5% in 24 hours, per CoinGecko data at 1400 UTC. Miners gained: MARA rose 4.2%, RIOT 3.8% on NASDAQ.
Maria Silva, emerging markets strategist at Itaú in São Paulo, notes: "Latin American institutions accumulate BTC miners amid USD strength, connecting B3 in São Paulo to Nasdaq." Proof-of-work sites operate in Texas, Iceland, and Kazakhstan.
Taiwan's TSMC supplies ASIC chips via Rotterdam to worldwide facilities. Spot Bitcoin ETF inflows hit USD 500 million last week, per Bloomberg.
Ethereum Reaches USD 2,359, Rallying Coinbase
Ethereum traded at USD 2,359 (+1.8%), driving DeFi volume. Coinbase (COIN) climbed 2.9%, handling USD 2.5 billion daily across 100+ countries.
Aisha Okonjo, analyst at TechCabal in Lagos, says: "African retail via Bundle apps accesses COIN for ETH staking, linking remittances to Europe." Layer-2 networks like Arbitrum cut fees 90% for users globally.
Europe's MiCA rules lift ETH staking yields to 4-5%. Singapore validators manage 30% of network stake.
XRP Surges 3.7% to USD 1.41 on Remittances
XRP hit USD 1.41 (+3.7%) at 1200 UTC, per CoinMarketCap. Ripple's ledger supports 1,500 TPS for cross-border payments.
Japan and South Korea banks test XRP settlements, per Reuters Asia. BRICS countries eye XRP for trade, curbing USD reliance.
Retail Investors Chase 3 Promising Cryptocurrency Stocks Worldwide
Platforms like Robinhood (US), eToro (Europe), and Upbit (Korea) list COIN, MARA, RIOT. Dollar-cost averaging surges: MicroStrategy holds 252,000 BTC worth USD 18.9 billion.
IMF data shows crypto adoption in 20 emerging markets elevates fintech stocks. World Bank tests stablecoins in Africa.
Key Levels and Global Outlook
Bitcoin support at USD 75,000 holds; USD 76,000 breakout targets USD 80,000. Fear & Greed above 30 turns bullish. Track volume: NYSE (1300-2100 UTC), TSE (0000-0600 UTC), LSE (0800-1630 UTC). Promising cryptocurrency stocks position traders for rebounds across interconnected markets.