- FGI is up to 16 points.
- BTC price was last seen at $68,090.15.
- The global crypto market remains under pressure.
The risk appetite of investors is reportedly up as BTC price reaches closer to the $69k mark. Some of it is attributed to the buying-the-dip behavior, while some of it has come in the wake of the recent address by US President Donald Trump. Nevertheless, the market is seeing a shift despite being under pressure.
Risk Appetite of Investors
Investors were wary about allocating a portion of their portfolios to cryptocurrencies; however, an upward shift in the FGI to 16 points is hinting that their risk appetite may have increased. BTC was last seen trading at $68,090.15, a little less than $69k but way ahead of the $63k dip which was recorded on February 24, 2026.
The flagship cryptocurrency even exchanged hands at $69,987 in New York trading for a few moments. Orbit Markets Co-Founder, Caroline Mauron, interacted with the media and said that the move was possibly the dip-buying behavior after the sell-off phase. Caroline further stated that the narrative around the sector could change if Bitcoin tokens reach the $70k milestone.
Shift in BTC Price
A shift in the BTC price was noticed almost immediately after Donald Trump concluded his State of the Union Address. While he did not mention the segment in his speech, he underlined the economic growth that the US had achieved under his administration – even called it a golden era.
The shift also came around the time when Nvidia shared that it remains committed to Artificial Intelligence processors. Moreover, it tabled an above-the-market estimated forecast for the current quarter.
The CEO of ZeroStack, Daniel Reis-Faria, has said that the shift is mostly in terms of investors rotating into altcoins. If true, then BTC price continues to see the shift anyway, which in turn works well for the crypto market in a broader sense. Notably, the Altcoin Index, according to CoinMarketCap, is currently at 35 points out of 100.
Pressure on Crypto Market
The global crypto market remains under pressure, given that the tokens are still below the expected milestones. For instance, BTC is hovering around a value of less than $70k. ETH has been able to find a spot above $2k at $2,060.71, but it stays a soft target amid a very high volatility of 14.97%. The pressure also stems from a sharp decline in the past couple of months.
Needless to say, it is important for novice and experienced investors to do thorough research and risk assessment before crypto investments.
Highlighted Crypto News Today:
World Liberty Financial Proposes 180-Day WLFI Staking for Voting
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