Bitcoin Rises Beyond Fear

Bitcoin has once again captured the attention of the global financial world. After weeks of uncertainty, bitcoin is finally stepping out of the shadow of fear. The well-known Bitcoin Fear & Greed Index, a tool used to measure the emotions of crypto investors, has shifted from a fearful state to a neutral position. This change suggests that the mood surrounding bitcoin is stabilizing, and confidence is slowly returning to the market. It marks the first time since mid-October that the market has left the “fear” zone, a period heavily influenced by political and economic factors such as Trump’s tariffs on China.

Over the weekend, bitcoin experienced a strong recovery, climbing back to around $115,000. This rise gave the market a much-needed boost of optimism. The Fear & Greed Index for bitcoin now stands at 51 out of 100 — a perfectly balanced score that represents emotional neutrality among investors. Just a few days earlier, it was stuck at 40, showing deep caution. In fact, the index has improved by more than 20 points over the past week, which reflects a dramatic turnaround in market sentiment and renewed hope for bitcoin holders.

Earlier in the month, the situation was much darker. When Trump announced new tariffs against China on October 10, the Fear & Greed Index for bitcoin dropped sharply from 71 (a “greed” reading) to just 24 — its lowest level of the year. That crash caused a liquidation of over $19 billion in leveraged crypto positions, which deepened the panic and sent the price of bitcoin tumbling. Many traders lost faith temporarily, fearing that the decline could continue. But as the dust settled, bitcoin began showing signs of resilience once again.

According to Glassnode, a blockchain analytics company, the selling pressure on bitcoin is finally easing. Their recent data shows that aggressive selling has diminished, and the negative sentiment that dominated earlier weeks has likely reached its peak. In a recent post on X (formerly Twitter), the company highlighted that both spot and futures markets for bitcoin have stabilized. The Cumulative Volume Delta (CVD) — a measure of market activity — has flattened, suggesting that the intense selling phase might be over.

Glassnode also mentioned that funding rates remain slightly below the neutral level of 0.01%, showing that traders are still cautious but not overly pessimistic. Over the last two weeks, funding rates even turned negative several times, reflecting the market’s preference for safety and short-term protection. This balanced behavior is a sign that the speculative frenzy around bitcoin has cooled down, allowing for healthier market movement and stronger long-term confidence.

Meanwhile, attention is shifting toward potential macroeconomic catalysts that could further benefit bitcoin. Investors are closely watching the upcoming U.S. Federal Reserve meeting on October 29, where many expect an interest rate cut. According to CME Group’s FedWatch tool, there’s a 96.7% chance that the Fed will reduce rates by 0.25%. A rate cut usually supports risk assets like bitcoin, since lower borrowing costs increase liquidity in global markets and encourage investment in digital currencies.

If these expectations materialize, bitcoin could be entering a new phase of stability and gradual growth. The neutral stance of the Fear & Greed Index shows that panic is fading and a sense of balance is returning to the crypto space. While it’s too early to declare a full recovery, the emotional shift indicates that bitcoin investors are regaining confidence. Once again, bitcoin demonstrates its ability to recover, adapt, and persist — proving that in the ever-changing world of finance, bitcoin remains a symbol of endurance, innovation, and hope for the digital economy.