Long-term holder BTC holdings increase, mining volume decreases, CME BTC futures gap $900

CME BTC futures opened today at $68,185 after closing the previous trading day at $67,285, a gap of $900. In addition, as of October, the number of BTC held by long-term holders (those who have held BTC for more than three years) increased compared to January, but BTC mined during that period decreased.

Meanwhile, crypto data provider Alternative's self-estimated “Fear-Greed Index” dropped two points from the previous day to 72. It remains in the greed phase. The index indicates extreme fear in the market, with readings closer to zero indicating extreme fear, and readings closer to 100 indicating extreme optimism. The Fear-Greed Index is calculated based on volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin market capitalization (10%), and Google searches (10%).