Today's panic and greed index is 52 (yesterday was 47), and the level is still neutral. Note: The panic index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market survey (15%) + proportion of Bitcoin in the entire market (10%) + Google keyword analysis (10%).

October 17th, the BitVol (Bitcoin volatility) index launched by financial index company T3 Index in conjunction with Bitcoin options trading platform LedgerX rose to 42.6, a daily increase of 9.23%. BlockBeats Note: The BitVol index measures the expected implied volatility of 30 days obtained from tradable Bitcoin options prices. Implied volatility refers to the volatility implied by the actual option price.

ChainCatcher News, according to data, Bitcoin has broken through $28,000 and is now priced at $28,858.39, with a 24-hour increase of 3.9%.

According to the latest report from CoinShares on October 16th, digital asset investment products saw a net inflow of $15.2 million last week, marking the third consecutive week of net inflows. Bitcoin investment products saw a net inflow of $16.4 million last week, while Ethereum investment products saw a net outflow of $7.4 million. Investment products shorting Bitcoin saw a net inflow of $1.7 million. In addition, Solana investment products saw another inflow of $3.7 million.

Bitcoin News announced on social media that Revolut, the UK's largest financial technology bank with over 30 million users, has launched a new version and added the Bitcoin symbol to its main menu.

The crypto market saw significant gains in prices on Monday, with most major cryptos in positive territory. Bitcoin was trading near $28,000, indicating renewed investor confidence in the crypto. Ethereum and XRP also saw gains, while meme coins like Dogecoin experienced a slight decrease in price. The broader crypto market rallied, with the global crypto market cap up 2.22% to $1.08 trillion and the fear and greed index at 41, suggesting a move towards a neutral phase. Pepe Coin, Stacks, Bitcoin SV, and eCash were among the top gainers for the day.

Bitcoin, the world's largest cryptocurrency, saw a strong upward movement over the weekend due to whale accumulation. The current Bitcoin price is trading at $27,241 with a market cap of $530 billion. Technical charts suggest that the recent breakout above $27,000 could lead to a move up to $27,800.

October 16th, BitVol (Bitcoin Volatility) index launched by financial index company T3 Index in collaboration with Bitcoin options trading platform LedgerX rose to 39, with a daily increase of 0.44%. BlockBeats Note: The BitVol index measures the 30-day expected implied volatility derived from tradable Bitcoin options prices. Implied volatility refers to the volatility implied by the actual option price.

According to the Wall Street Journal, the US government is one of the largest holders of Bitcoin in the world, but unlike other cryptocurrency giants, it is not concerned about whether the value of digital currency is rising or falling. This is because the approximately 200,000 Bitcoins held by the US government were confiscated from cybercriminals and the dark web market. These Bitcoins are mainly stored in encrypted, password-protected hardware wallets controlled by the Department of Justice, the Internal Revenue Service, or other agencies and are not traded online.

October 16th, according to DefiLlama data, the TVL of New Bitcoin City, a FT imitation project based on the Bitcoin Layer 2 network NOS, has reached 1.07 million US dollars.