Latest news with #FearandGreedIndex
Business Insider
19-05-2025
- Business
- Business Insider
Legendary investor Ron Baron shares the early contrarian lesson that's helped him return 1,843% over 22 years
It's hard to imagine Ron Baron, the billionaire founder of Baron Capital, knowing little about investing. Baron is one of the most successful investors of his time, amassing more than $41 billion in assets under management since 1982. His Baron Partners Fund (BPTRX) is up 1,843% since launching in May 2003, trouncing the S&P 500's 536% return and beating 99% of similar funds over the last 5-, 10-, and 15-year periods, according to Morningstar data. But like all of us, he was once a beginner, too. After studying chemistry and then attending law school, Baron finally decided he wanted to work in finance. With no job offer, he moved into a friend's basement in New Jersey until he could find work. His engineer parents weren't happy. But his uncle bought him a copy of Joseph E. Granville's " A Strategy Of Daily Stock Market Timing For Maximum Profit." Reading it, Baron learned his first major lesson about investing: taking a contrarian approach to prevailing market consensus can pay off. "What made sense in this book, which was not intuitive, was that when news was really bad, you're supposed to invest, you're supposed to buy things," Baron told the Economic Club of New York on May 13. "And when news was really good, you're supposed to sell things." Essentially, don't chase returns on the back end of rallies when all the good news is already priced in. It's time-tested advice that many investing legends espouse. Warren Buffett's famous mantra was to "be fearful when others are greedy, and greedy when others are fearful." Sir John Templeton wrote: "Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell." Investor sentiment has been all over the place in recent weeks. After President Donald Trump's "Liberation Day" tariffs announcement, investors became exceptionally bearish on stocks. A month ago, CNN's Fear and Greed Index was in "Extreme Fear" territory. But the outlook has improved as Trump has started to back off from his trade war. Right now, "Greed" is the dominant feeling among investors. Today, Baron is uber-bullish on Tesla, saying he believes its share price will grow 10x from current levels. The stock makes up 35% of his Baron Partners Fund. While Baron doesn't trade short-term macro developments, instead betting on companies he thinks will outperform over the long term, he still applies the lesson he learned early in his career by being ahead of the consensus on the stocks he buys and seeing future outcomes that no one else sees. "It's about being the opposite of what everyone else says," he said. And when things are going awry in markets and the economy, Baron stays cool and thinks about the big picture. "I just figure like John Lennon that in the long run, everything's going to work out. And if it doesn't work out, it's not the end yet," he said. "Sooner or later, everything works out. Man causes problems and then fixes the problems."
Yahoo
14-05-2025
- Business
- Yahoo
Alphabet Inc. (GOOGL): A Bull Case Theory
We came across a bullish thesis on Alphabet Inc. (GOOGL) on Substack by FluentInQuality. In this article, we will summarize the bulls' thesis on GOOGL. Alphabet Inc. (GOOGL)'s share was trading at $158.46 as of May 12th. GOOGL's trailing and forward P/E were 17.69 and 16.86 respectively according to Yahoo Finance. Photo by Stephen Phillips - on Unsplash Despite the current high levels of market greed—reflected by a Fear and Greed Index score of 63—there remain asymmetric opportunities where being 'greedy like the rest' could yield substantial rewards. Alphabet (GOOGL) exemplifies one such opportunity. Often misunderstood as merely a search engine, Alphabet's real power lies in its integrated control over digital distribution, infrastructure, and data. Rather than just competing for traffic, Alphabet owns the digital roads—through dominance in Search, Android, YouTube, Chrome, Gmail, and Maps—all of which create a powerful feedback loop of user data and engagement. Search continues to be Alphabet's cash cow, boasting 80%+ gross margins, while YouTube monetizes both attention and intent, reaching 2.7 billion users monthly. Google Cloud, once a laggard, has turned profitable and is growing faster than Microsoft Azure in several verticals. Importantly, AI isn't a recent addition to Alphabet's strategy—it's foundational. DeepMind has been a pioneer in AI for years, and Gemini is now being embedded across Google Search, Workspace, and Android, leveraging Alphabet's massive user base without needing to acquire customers. This inherent distribution advantage is one of Alphabet's strongest assets in the AI race. Meanwhile, YouTube is evolving into a multi-purpose platform integrating shoppable video, live sports, and streaming bundles. Google Cloud is expanding into AI and cybersecurity, and Waymo continues to innovate in autonomous driving. With $100B+ in cash on hand, Alphabet has the flexibility to invest in R&D, execute buybacks, or pursue strategic acquisitions without constraints. Its diversified portfolio not only ensures steady profitability but also offers significant optionality in emerging tech sectors. Alphabet isn't reacting to AI—it's been laying the groundwork for over a decade, positioning itself as the backbone of both the internet and the AI-powered future. Still dominant, still evolving, and, remarkably, still undervalued. Alphabet Inc. (GOOGL) is on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 234 hedge fund portfolios held GOOGL at the end of the fourth quarter which was 202 in the previous quarter. While we acknowledge the risk and potential of GOOGL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than GOOGL but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Egypt Independent
28-04-2025
- Business
- Egypt Independent
Trump took the US economy to the brink of a crisis in just 100 days
CNN — Donald Trump spent his first 100 days back in the Oval Office driving an economy that the world envied to the brink of crisis, risking America's reputation as a financial safe haven and fostering fear among voters who've lost confidence in his leadership. Americans were desperate for relief from high grocery prices and bought into the Trump's promise to make America affordable again in November 2024, partly out of nostalgia for the pre-pandemic economy of his first term. But the president deliberately and singlehandedly adopted policies that are almost certain to spike prices even more; that could lead to shortages; and that have CEOs and small businesses dealing with chaos and the possibility of a recession. Trump is attempting the most fundamental overhaul of the US and global economies in generations, adamant that he can recreate a mythical late 19th-century golden age using 'beautiful' tariffs to exert US economic might to crush trade rivals. But a president who has played golf while workers' 401(k)s tanked has often looked indifferent to the growing concerns of Americans, from business titans to ordinary shoppers who are seeing the impact of his policies in real time over his first 100 days in office, which he will mark on Tuesday. Trillions of dollars have been wiped off stock markets. Airlines are cutting flights; top firms are trashing their own annual forecasts; some retailers have given up selling China-made goods in the US because of the tariffs. The International Monetary Fund cut US growth forecasts; the Federal Reserve says some businesses have stopped hiring; the CEO of Walmart told Trump his policies will seize up the supply chain by summer. In a warning sign of a possible slide to a recession, consumer sentiment has plummeted and was in April at its fourth-lowest level since 1952. CNN's Fear and Greed Index, a snapshot of emotion on the markets, has been registering 'fear' or 'extreme fear' for the last month. Relentlessly applying American power Like much that Trump has done since returning to the Oval Office, his trade policy is legally and constitutionally questionable since he unilaterally declared a national emergency to unlock powers to wage tariff warfare. He's now wielding vast and unaccountable authority to test his lifelong theory that the United States, the world's richest nation, has long been ripped off by every other country. His aim is to force foreign markets wide open for US products and to make manufacturers bring back factories and jobs to revive industrialized regions that have paid a heavy price for the globalization of trade. He insists that scores of nations are lining up to do US-friendly deals that will make Americans rich. Millions of American jobs may depend on the outcome of his gamble. Trump is putting into practice a core belief that is also at the center of his effort to dismantle the US-led Western political system that has prevailed and kept global peace for 80 years: That the United States — the mightiest world power — should not lead the world but should use its strength in one-on-one negotiations to coerce smaller nations into policies that benefit America and no one else. This principle, embedded in his 'America first' approach, has already alienated many American allies — although that's a feature rather than a bug for a president who sees life as a win-lose proposition. The president's brittle temper and belief that he possesses a sharper economic mind than those whose job it is to protect employment and to fight inflation are also contributing to pushing the US economy to the brink. President Donald Trump signs executive orders on tariffs in the Rose Garden at the White House in Washington, DC, on April 2. Jabin Botsford/TheHis attacks on Federal Reserve Chairman Jerome Powell, for instance, have tarnished America's brand as the rock of stability in the global economy. Trump has been demanding big interest-rate cuts even though many experts warn that this could hike inflation, which is already expected to rise because of his tariffs. Markets hated his interference — perhaps one reason why he's toned down, at least for now, his threats to fire the central bank chief. Trump is also escalating a dangerous showdown with China, launching full-on economic warfare with America's 21st-century superpower rival, which has enormous geopolitical implications far beyond trading conditions. 'If you look at all of the years that I've been doing this, I've been right on things,' Trump told Time Magazine in an interview last week marking his first 100 days. 'You're going to have the wealthiest country we've ever had, and you're going to have an explosion upward in the not-too-distant future.' What is so remarkable about the gathering storm is that it's not the product of business cycles, an outside economic shock, a terrorist attack, or an act of God like a pandemic or natural disaster. It's all authored by an American president knowingly adopting tariff policies that almost all informed economic observers predict will lead to higher prices and slowed economic activity. It's not just what Trump is doing, but how he's doing it. He has imposed, paused and adjusted arbitrary tariffs erratically, creating the kind of uncertainty that can cause recessions. He claimed in his Time interview he'd already done 200 trade deals and that his team is talking with China, which is facing a 145% tariff that has effectively halted trade between the rivals. Beijing denies it's in contact with the US and is showing no sign of backing down to his intimidation. Americans don't believe in Trump's economic mastery anymore Trump is making an extraordinary hazardous bet. 'This is one of the most important days, in my opinion, in American history. It's our declaration of economic independence,' the president said, declaring 'Liberation Day' in the White House Rose Garden on April 2. He gleefully ran down the list of tariff rates for dozens of nations on big poster. 'We're going to be wealthy as a country because they've taken so much of our wealth away from us.' But within hours of reciprocal tariffs coming into force, Trump suddenly paused them for 90 days, apparently brought back to reality by alarming activity in the bond markets that suggested investors were abandoning their faith in the US economy. His officials, steeped in Trump's personality cult, nevertheless hailed his sudden reversal as proof of his genius and predicted a torrent of deals that would boost the economy. None of them have materialized so far. The confusion and reversals have been traumatic for millions of Americans who hoped he'd bring economic relief, not a new round of pain for family budgets. After winning a plurality of the popular vote in November, Trump's approval rating has plummeted to 41%, the worst of any president in his first 100 days in 70 years, according to a new CNN/SSRS poll. His approval on the economy — a key to his longtime political viability — is at its lowest-ever level at 39%. Only 35% approve of his approach to inflation, the same number who back Trump on tariffs. Where are the deals from the 'ultimate dealmaker?' The president's deteriorating political position is escalating pressure to produce outcomes that justify the massive shock and damage he's caused to the economy. The administration, however, insists that an economic policy that seems to emerge from the president's personal whims is a well-thought-out plan primed to deliver. 'I mean, he is the ultimate dealmaker,' Agriculture Secretary Brooke Rollins told CNN's Dana Bash on 'State of the Union' Sunday. 'It is going to be a new era of market expansion around the world … Countries are knocking on our door right now.' Treasury Secretary Scott Bessent portrayed Trump's capricious leadership as an example of a president outwitting US trade rivals. 'In game theory, it's called strategic uncertainty. So, you're not going to tell the person on the other side of the negotiation where you're going to end up. And nobody's better at creating this leverage than President Trump,' Bessent said on ABC News' 'This Week' Sunday. 'You know, he's shown the high tariffs, and here's the stick. This is where the tariffs can go. And the carrot is, come to us, take off your tariffs, take off your non-tariff trade barriers, stop manipulating your currency, stop subsidizing labor and capital and then we can talk.' Shipping containers are seen at the Port of Montreal in Montreal, Canada, on February 2. Andrej Ivanov/AFP/Getty Images If Trump's tariff strategy succeeds and he markedly improves trading conditions for the United States, he will defy the conventional wisdom of almost every leading economic analyst and decades of US economic policy. But if he tips the country — and the rest of the world — into recession, there will be no political escape since he's made himself the personification of the tariff policy. This is why it will be important to watch what happens next. The administration is predicting that a flurry of trade deals from the likes of Japan, South Korea and the European Union will soon begin rolling out. Given that such agreements usually take years to negotiate and require ratification by foreign legislatures in democratic states, it's likely that what emerges will fall far short of the revolution in global trade that the administration is predicting. But Trump is likely to hail any deals as extraordinary breakthroughs. If they don't satisfy his goal of transforming global trade, they might calm markets and stabilize the president's political standing and restore his dealmaker's mythology. Higher prices are coming Even if Trump succeeds, his approach almost certainly means higher prices for Americans across the board — in defiance of the message voters sent last November. Trump said in the Time interview, for instance, that he would regard it as a 'total victory' if tariffs are at 20% or 30% or 50% on foreign imports next year. Such a scenario would mean American consumers would face far higher prices, effectively a massive tax increase. Trump insists that this will be offset by a massive tax reduction bill — but progress has been slow as GOP leaders try to work the plan through Congress. And while he insists he has lowered prices for basic goods since taking office, that's mostly untrue. Trump's vision of himself as a master impresario conducting the economy suggests that even rockier times will be ahead. He has suggested, for instance, that he would have sole responsibility for setting the prices of goods. 'We are a department store, and we set the price,' Trump told Time. 'Now, some countries may come back and ask for an adjustment, and I'll consider that, but I'll basically be, with great knowledge, setting.' Such an arbitrary system, in which one person sets prices — let along someone with as rudimentary grasp of economics as Trump — would be a recipe for mayhem and corruption, and would shatter the rules-based economic system that has made the US the world's greatest power. 'The United States was more than just a nation. It's a brand,' billionaire investor Ken Griffin warned at the Semafor World Economy Summit last week. 'It was like an aspiration for most the world. And we're eroding that brand right now.'
CNN
28-04-2025
- Business
- CNN
Trump took the US economy to the brink of a crisis in just 100 days
Donald Trump spent his first 100 days back in the Oval Office driving an economy that the world envied to the brink of crisis, risking America's reputation as a financial safe haven and fostering fear among voters who've lost confidence in his leadership. Americans were desperate for relief from high grocery prices and bought into the Trump's promise to make America affordable again in November 2024, partly out of nostalgia for the pre-pandemic economy of his first term. But the president deliberately and singlehandedly adopted policies that are almost certain to spike prices even more; that could lead to shortages; and that have CEOs and small businesses dealing with chaos and the possibility of a recession. Trump is attempting the most fundamental overhaul of the US and global economies in generations, adamant that he can recreate a mythical late 19th-century golden age using 'beautiful' tariffs to exert US economic might to crush trade rivals. But a president who has played golf while workers' 401(k)s tanked has often looked indifferent to the growing concerns of Americans, from business titans to ordinary shoppers who are seeing the impact of his policies in real time over his first 100 days in office, which he will mark on Tuesday. Trillions of dollars have been wiped off stock markets. Airlines are cutting flights; top firms are trashing their own annual forecasts; some retailers have given up selling China-made goods in the US because of the tariffs. The International Monetary Fund cut US growth forecasts; the Federal Reserve says some businesses have stopped hiring; the CEO of Walmart told Trump his policies will seize up the supply chain by summer. In a warning sign of a possible slide to a recession, consumer sentiment has plummeted and was in April at its fourth-lowest level since 1952. CNN's Fear and Greed Index, a snapshot of emotion on the markets, has been registering 'fear' or 'extreme fear' for the last month. Like much that Trump has done since returning to the Oval Office, his trade policy is legally and constitutionally questionable since he unilaterally declared a national emergency to unlock powers to wage tariff warfare. He's now wielding vast and unaccountable authority to test his lifelong theory that the United States, the world's richest nation, has long been ripped off by every other country. His aim is to force foreign markets wide open for US products and to make manufacturers bring back factories and jobs to revive industrialized regions that have paid a heavy price for the globalization of trade. He insists that scores of nations are lining up to do US-friendly deals that will make Americans rich. Millions of American jobs may depend on the outcome of his gamble. Trump is putting into practice a core belief that is also at the center of his effort to dismantle the US-led Western political system that has prevailed and kept global peace for 80 years: That the United States — the mightiest world power — should not lead the world but should use its strength in one-on-one negotiations to coerce smaller nations into policies that benefit America and no one else. This principle, embedded in his 'America first' approach, has already alienated many American allies — although that's a feature rather than a bug for a president who sees life as a win-lose proposition. The president's brittle temper and belief that he possesses a sharper economic mind than those whose job it is to protect employment and to fight inflation are also contributing to pushing the US economy to the brink. His attacks on Federal Reserve Chairman Jerome Powell, for instance, have tarnished America's brand as the rock of stability in the global economy. Trump has been demanding big interest-rate cuts even though many experts warn that this could hike inflation, which is already expected to rise because of his tariffs. Markets hated his interference — perhaps one reason why he's toned down, at least for now, his threats to fire the central bank chief. Trump is also escalating a dangerous showdown with China, launching full-on economic warfare with America's 21st-century superpower rival, which has enormous geopolitical implications far beyond trading conditions. 'If you look at all of the years that I've been doing this, I've been right on things,' Trump told Time Magazine in an interview last week marking his first 100 days. 'You're going to have the wealthiest country we've ever had, and you're going to have an explosion upward in the not-too-distant future.' What is so remarkable about the gathering storm is that it's not the product of business cycles, an outside economic shock, a terrorist attack, or an act of God like a pandemic or natural disaster. It's all authored by an American president knowingly adopting tariff policies that almost all informed economic observers predict will lead to higher prices and slowed economic activity. It's not just what Trump is doing, but how he's doing it. He has imposed, paused and adjusted arbitrary tariffs erratically, creating the kind of uncertainty that can cause recessions. He claimed in his Time interview he'd already done 200 trade deals and that his team is talking with China, which is facing a 145% tariff that has effectively halted trade between the rivals. Beijing denies it's in contact with the US and is showing no sign of backing down to his intimidation. Trump is making an extraordinary hazardous bet. 'This is one of the most important days, in my opinion, in American history. It's our declaration of economic independence,' the president said, declaring 'Liberation Day' in the White House Rose Garden on April 2. He gleefully ran down the list of tariff rates for dozens of nations on big poster. 'We're going to be wealthy as a country because they've taken so much of our wealth away from us.' But within hours of reciprocal tariffs coming into force, Trump suddenly paused them for 90 days, apparently brought back to reality by alarming activity in the bond markets that suggested investors were abandoning their faith in the US economy. His officials, steeped in Trump's personality cult, nevertheless hailed his sudden reversal as proof of his genius and predicted a torrent of deals that would boost the economy. None of them have materialized so far. The confusion and reversals have been traumatic for millions of Americans who hoped he'd bring economic relief, not a new round of pain for family budgets. After winning a plurality of the popular vote in November, Trump's approval rating has plummeted to 41%, the worst of any president in his first 100 days in 70 years, according to a new CNN/SSRS poll. His approval on the economy — a key to his longtime political viability — is at its lowest-ever level at 39%. Only 35% approve of his approach to inflation, the same number who back Trump on tariffs. The president's deteriorating political position is escalating pressure to produce outcomes that justify the massive shock and damage he's caused to the economy. The administration, however, insists that an economic policy that seems to emerge from the president's personal whims is a well-thought-out plan primed to deliver. 'I mean, he is the ultimate dealmaker,' Agriculture Secretary Brooke Rollins told CNN's Dana Bash on 'State of the Union' Sunday. 'It is going to be a new era of market expansion around the world … Countries are knocking on our door right now.' Treasury Secretary Scott Bessent portrayed Trump's capricious leadership as an example of a president outwitting US trade rivals. 'In game theory, it's called strategic uncertainty. So, you're not going to tell the person on the other side of the negotiation where you're going to end up. And nobody's better at creating this leverage than President Trump,' Bessent said on ABC News' 'This Week' Sunday. 'You know, he's shown the high tariffs, and here's the stick. This is where the tariffs can go. And the carrot is, come to us, take off your tariffs, take off your non-tariff trade barriers, stop manipulating your currency, stop subsidizing labor and capital and then we can talk.' If Trump's tariff strategy succeeds and he markedly improves trading conditions for the United States, he will defy the conventional wisdom of almost every leading economic analyst and decades of US economic policy. But if he tips the country — and the rest of the world — into recession, there will be no political escape since he's made himself the personification of the tariff policy. This is why it will be important to watch what happens next. The administration is predicting that a flurry of trade deals from the likes of Japan, South Korea and the European Union will soon begin rolling out. Given that such agreements usually take years to negotiate and require ratification by foreign legislatures in democratic states, it's likely that what emerges will fall far short of the revolution in global trade that the administration is predicting. But Trump is likely to hail any deals as extraordinary breakthroughs. If they don't satisfy his goal of transforming global trade, they might calm markets and stabilize the president's political standing and restore his dealmaker's mythology. Even if Trump succeeds, his approach almost certainly means higher prices for Americans across the board — in defiance of the message voters sent last November. Trump said in the Time interview, for instance, that he would regard it as a 'total victory' if tariffs are at 20% or 30% or 50% on foreign imports next year. Such a scenario would mean American consumers would face far higher prices, effectively a massive tax increase. Trump insists that this will be offset by a massive tax reduction bill — but progress has been slow as GOP leaders try to work the plan through Congress. And while he insists he has lowered prices for basic goods since taking office, that's mostly untrue. Trump's vision of himself as a master impresario conducting the economy suggests that even rockier times will be ahead. He has suggested, for instance, that he would have sole responsibility for setting the prices of goods. 'We are a department store, and we set the price,' Trump told Time. 'Now, some countries may come back and ask for an adjustment, and I'll consider that, but I'll basically be, with great knowledge, setting.' Such an arbitrary system, in which one person sets prices — let along someone with as rudimentary grasp of economics as Trump — would be a recipe for mayhem and corruption, and would shatter the rules-based economic system that has made the US the world's greatest power. 'The United States was more than just a nation. It's a brand,' billionaire investor Ken Griffin warned at the Semafor World Economy Summit last week. 'It was like an aspiration for most the world. And we're eroding that brand right now.'
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Business Standard
23-04-2025
- Business
- Business Standard
Bitcoin eyes $100,000: Is this the last chance to buy under six figures?
Cryptocurrencies were buzzing in trade on Monday, April 23, 2025, with the flagship currency Bitcoin (BTC) reclaiming the $90,000 threshold for the first time in 45 days. The broader crypto market has responded positively, with total market capitalisation rising by 5.82 per cent to $2.91 trillion. Market analysts attribute this rally in cryptocurrencies to increased institutional buying, a weakening dollar index, and other favorable macroeconomic conditions. Bitcoin, the world's most popular and largest cryptocurrency by market capitalisation, traded higher by nearly 6.41 per cent at $93,697.52 at 10:30 AM on April 23, 2025. The flagship crypto has traded in the range of $87,972.21 to $93,847.25 in the last 24 hours, with a trading volume of $56.02 billion, according to CoinMarketCap. Bitcoin's current market capitalisation stands at $1.85 trillion. This sharp upward move in Bitcoin, Riya Sehgal, research analyst at Delta Exchange, said, is not just a product of technical momentum—it is driven by stronger macroeconomic signals and renewed institutional interest. "The recent $381 million in net inflows across US spot Bitcoin ETFs, the highest single-day total since late January, speaks volumes about the shift in sentiment among long-term investors. With long-term holders steadily accumulating and technical indicators showing strength above key support levels, the stage may be set for Bitcoin to make a decisive push toward the $100,000 milestone," said Sehgal. Impact of geopolitical developments Geopolitical developments are also playing a key role. Remarks from US Treasury Secretary Scott Bessent and President Trump suggesting a de-escalation in the US-China trade dispute have improved the broader risk environment, lifting both traditional equities and digital assets. Over $581 million in liquidated short positions highlights how swiftly the market is rebalancing in response to this optimism. This current surge highlights Bitcoin's resilience amid persistent market volatility, said Himanshu Maradiya, founder and chairman of CIFDAQ Group. Supporting this rally, the US dollar index has hit a three-year low at 98.29, creating favorable macroeconomic conditions for crypto assets. "Adding to the bullish sentiment is the appointment of Paul Atkins as SEC Chairman. His return signals a shift toward a more constructive regulatory approach, with several enforcement actions already rolled back under his leadership," said Maradiya. "With resistance expected around the $90K–$94K range, investors may be looking at the 'last chance' to accumulate Bitcoin below $100K." However, Maradiya advises caution, as volatility may still resurface. Institutional buying impact Meanwhile, Alankar Saxena, co-founder and CTO of Mudrex, attributes this rally to increased institutional buying, with Bitcoin spot ETFs seeing net inflows reach a multi-month high of over $700 million, totaling over $1 billion in inflows this week alone. "Additionally, the Fear and Greed Index now stands at 'Neutral', indicating that retail investors are re-entering the markets. Another bullish metric is the decline in exchange inflows, suggesting reduced selling pressure, helping build momentum," said Saxena. If bulls stay in control, Saxena expects Bitcoin to move toward $100K, with support moving up to $88,000. That said, altcoins were closely following Bitcoin's lead. Ethereum (ETH) stands out with a 13.27 per cent gain in the past 24 hours, driven by strong network activity and renewed investor interest. Solana (SOL) has also performed well, posting a 6.68 per cent gain. Meanwhile, XRP and several other altcoins have recorded solid upward momentum, further fueling optimism across the market.
