The crypto market continues to settle at the levels it broke through at the beginning of last week. At the start of the day on Monday, the crypto market capitalisation was 7.7% higher than seven days ago, largely thanks to Bitcoin. Greed is dominating the crypto market, according to the Crypto Fear and Greed Index, which spent the second half of last week above 70 – its highest since November 2021. However, prices remain well below the levels at that time.
A “golden cross” has formed on the daily timeframes, which could further boost bullish confidence by creating a short-term flow of buyers following these popular signals. The Ethereum development team postponed the release of the Dencun security update until next year. This was due to disagreements that arose between the designers of the consensus-level and execution-level clients.