<ul data-eligibleForWebStory="false"><li>Bitcoin has surged by 101%, surpassing $116,000, with expectations for altcoins to follow suit as the market enters a 'greed' zone.</li><li>The Fear & Greed Index now signals 'greed,' reflecting strong investor sentiment and significant buying interest, driven by institutional participation and $1.52 billion flowing into crypto funds over the last five trading days.</li><li>The surge in Bitcoin's price triggered a short squeeze, resulting in over $1 billion in losses for traders betting against it, accelerating the rally. Ethereum has also broken past $3,000 with increasing interest in ETH derivatives.</li><li>Institutional demand, surpassing $50 billion in net inflows to US Bitcoin ETFs, along with macroeconomic shifts positioning BTC as a hedge, signal a maturing crypto market. India is urged to regulate crypto to capitalize on its potential for global innovation.</li></ul>

Bitcoin surges 101%, rallying past $1,16,000; altcoins to follow as market enters ‘greed’ zone

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