#OnChainLendingSurge
In 2024, Bitcoin’s fear and greed index reached extreme levels twice, each time marking a peak followed by a sharp correction.
The first instance occurred when BTC hit $73,000 in March, its previous all-time high. Extreme greed took over, with investors chasing massive returns. However, a slight market shift triggered panic selling, causing BTC to drop to $65,000 in less than a week.
Fast-forward to Q4 and something surprising happened on the 22nd of November.