Crypto Market Enters Bullish Phase: Santiment Reveals Top Two Altcoins to Buy this Week

The post Crypto Market Enters Bullish Phase: Santiment Reveals Top Two Altcoins to Buy this Week appeared first on Coinpedia Fintech News

Amid a roller coaster of emotions in the recent past, the crypto market has entered a fresh new phase of bullish speculations. The Bitcoin’s (BTC) fear and greed index surged to 65 percent on Tuesday, signaling crowd greed and heightened fear of missing out (FOMO).

Earlier today, leading stablecoins issuer Tether minted 1 billion USDT on the Tron network, thus increasing the overall buying pressure. On-chain data shows that long-term crypto holders have accelerated their accumulation pace in the recent past. 

For instance, US spot BTC ETFs have registered over $1.5 billion in cash inflows in the past two weeks. On-chain activities for the altcoin industry have significantly surged amid reports of next week’s listing of spot Ether ETFs in the United States.