BlockBeats News, October 25, according to the Cryptocurrency Fear and Greed Index, market sentiment has returned to levels comparable to when BTC prices reached $69,000 in mid-November 2021. The index currently stands at 72 out of 100, putting it in "greed" territory. The reason for the strength in the market is that BlackRock’s spot Bitcoin exchange-traded fund (ETF) may gradually receive approval from the U.S. Securities and Exchange Commission. November 14, 2021 was the last time the index reached 72 points, just four days after BTC hit an all-time high of $69,044 on November 10, 2021, according to CoinGecko data. #BTC