Matrixport: Bitcoin hits “panic peak” and urgently needs a key catalyst

Odaily News Matrixport released a chart today saying that the Bitcoin Greed and Fear Index has once again hit the "Extreme Fear" level. We developed this index to provide a more strategic and timely sentiment reference than the widely cited "Fear and Greed Index". Historical data shows that Bitcoin usually rebounds in such situations. Key catalysts this week include the presidential debate between Harris and Trump on Tuesday, and the US CPI report on Wednesday.