Bitcoin breaks its 2021 high powered by ETF inflows
Fear & Greed
Extreme Greed
Bitcoin Price
$73,800
30-Day Change
-8%
What Happened
In March 2024, Bitcoin broke through its November 2021 all-time high of $69,000 and surged to $73,800. The rally was driven by a confluence of factors: massive ETF inflows (particularly BlackRock's IBIT), pre-halving narrative momentum, and growing institutional FOMO. The market sentiment hit 90, deep Extreme Greed territory. Unlike the 2021 high which was driven largely by retail speculation, this rally was characterized by institutional flows through regulated vehicles, signaling a structural shift in Bitcoin's investor base.
Key Narratives