Bitcoin

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The shares of crypto-native companies <a href="https://x.com/DeItaone/status/1847242584164565150" rel="noopener noreferrer nofollow">are in the green</a> after the price of Bitcoin, the flagship cryptocurrency, surpassed the $68,000 level.&nbsp;
The shares of MicroStrategy (MSTR), the largest corporate holder of Bitcoin, are up by an impressive 6.6%. Coinbase (COIN), the leading U.S. cryptocurrency exchange, has added 5.4%.
Marathon Digital (MARA) and Riot Platforms (RIOT), the biggest Bitcoin mining company, are also in the green (3.78% and 5.76%, respectively).&nbsp;&nbsp;&nbsp;
The price of the flagship cryptocurrency reached an intraday high of $68,490 at 14:14 UTC on the Bitstamp exchange.&nbsp;
This is the highest level that Bitcoin has touched since July 29. Back then, it peaked at $70,016, but the bulls failed to retain their momentum.&nbsp;
Facing a sharp rejection at the $70,000 level, the price of Bitcoin ended up collapsing to as low as $49,577 on the Bitstamp exchange on Aug. 5, suffering nearly a 30% correction.&nbsp;
After recording an 8.74% correction in August, Bitcoin managed to buck the trend by recording an impressive 7.35% in September despite the fact that it tends to be the most bearish month for the leading cryptocurrency.&nbsp;
Bitcoin then started October with underwhelming price action. However, the bulls managed to resume the rally during the month, eventually pushing Bitcoin to its highest level since late July.&nbsp;
Meanwhile, the "Fear and Greed" sentiment indicator has&nbsp;<a href="https://x.com/BitcoinFear/status/1847238720572796955" rel="noopener noreferrer nofollow">surged</a> to 73 points out of 100. The indicator is now inching closer to "extreme greed" territory.&nbsp;
CME Bitcoin futures open interest has also reached a new all-time high.&nbsp; <a href="https://u.today/microstrategy-coinbase-and-other-stocks-in-green-as-bitcoin-traders-become-greedy" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

MicroStrategy, Coinbase, and Other Stocks in Green as Bitcoin Traders Become Greedy

U_Today

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