Greed

Bitcoin

April

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	Bitcoin (BTC) has surpassed the $30,000 mark for the first time since June 10, 2022. This comes as the banking turbulence in March has subsided and investors are feeling more positive about U.S. central bank monetary policy.
<img decoding="async" loading="lazy" class="alignnone wp-image-20568 size-full" src="https://crypto.ro/en/wp-content/uploads/2023/04/BTC_1D_graph_coinmarketcap-3.png" alt="BTC 1D graph coinmarketcap 3" width="920" height="400" srcset="https://crypto.ro/en/wp-content/uploads/2023/04/BTC_1D_graph_coinmarketcap-3.png 920w, https://crypto.ro/en/wp-content/uploads/2023/04/BTC_1D_graph_coinmarketcap-3-300x130.png 300w, https://crypto.ro/en/wp-content/uploads/2023/04/BTC_1D_graph_coinmarketcap-3-768x334.png 768w, https://crypto.ro/en/wp-content/uploads/2023/04/BTC_1D_graph_coinmarketcap-3-750x326.png 750w" sizes="(max-width: 920px) 100vw, 920px" title="Bitcoin breaks above $30,000 for the first time since June 2022 4">
According to CoinMarketCap, Bitcoin has slightly exceeded the $30,000 mark and is currently trading at nearly $30,200, a price it hasn&#8217;t reached since June 10, 2022.
Over the past 30 days, BTC has seen gains of almost 46%, reaching its highest level in ten months on April 11.
Bitcoin&#8217;s previous peak of $30,000 was on June 10, 2022, as it was on a downward trend towards falling below $20,000.
<img decoding="async" loading="lazy" class="alignnone wp-image-20569 size-full" src="https://crypto.ro/en/wp-content/uploads/2023/04/BTC_1Y_graph_coinmarketcap.png" alt="BTC 1Y graph coinmarketcap" width="920" height="400" srcset="https://crypto.ro/en/wp-content/uploads/2023/04/BTC_1Y_graph_coinmarketcap.png 920w, https://crypto.ro/en/wp-content/uploads/2023/04/BTC_1Y_graph_coinmarketcap-300x130.png 300w, https://crypto.ro/en/wp-content/uploads/2023/04/BTC_1Y_graph_coinmarketcap-768x334.png 768w, https://crypto.ro/en/wp-content/uploads/2023/04/BTC_1Y_graph_coinmarketcap-750x326.png 750w" sizes="(max-width: 920px) 100vw, 920px" title="Bitcoin breaks above $30,000 for the first time since June 2022 5">
Bitcoin spent a large portion of the latter half of that year and the first few weeks of 2023 trading below $20,000.
Over the past three weeks, Bitcoin has been fluctuating around $28,000 as cautious investors assessed the effects of the near banking meltdown, persistent inflationary pressures, and other macroeconomic uncertainties.
Bitcoin has risen approximately 80% year-to-date, having traded at about $16,600 at the beginning of 2023.
The Crypto Fear and Greed Index has maintained its &#8220;Greed&#8221; territory for the past week, with the latest update on April 11 showing a score of 68 out of a total of 100.
<img decoding="async" loading="lazy" class="alignnone wp-image-20570 size-full" src="https://crypto.ro/en/wp-content/uploads/2023/04/fear-and-greed-index.png" alt="fear and greed" width="640" height="575" srcset="https://crypto.ro/en/wp-content/uploads/2023/04/fear-and-greed-index.png 640w, https://crypto.ro/en/wp-content/uploads/2023/04/fear-and-greed-index-300x270.png 300w" sizes="(max-width: 640px) 100vw, 640px" title="Bitcoin breaks above $30,000 for the first time since June 2022 6">
The purpose of the Crypto Fear and Greed Index is to present the current &#8220;emotions and sentiments&#8221; towards Bitcoin and the cryptocurrency market in numerical form, with the highest score being 100.

Bitcoin breaks above $30,000 for the first time since June 2022

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