Crypto Fear and Greed Index Flashes ‘Extreme Greed’ as BTC Price Drop Leads to $250M in Bullish Liquidations

Nearly 90% of all futures bets were bullish, or expecting higher prices over the weekend ahead of the U.S. elections on November 5. Market conditions in the past few weeks, including global monetary policies and U.S. political support, indicated a continued bullish trend, with some traders targeting $80,000 for BTC in the coming weeks.