It's Friday, June 23rd, 2023, and this is Markets Daily from CoinDesk.

I'm Adam B. Levine here again with George Calutus for your daily news roundup.

On today's show we're talking Bitcoin, UK mortgages, top headlines, and more.

And just a reminder, CoinDesk is a new source and does not provide investment advice.

Bitcoin, Ether, and other top traded tokens are down slightly on the day, but up quite a bit against our Wednesday update.

BTC is chalked up more than a 20% price gain since Thursday of last week

and may now take a breather. That's a message from crypto service provider Matrixports, Bitcoin,

greed, and fear index, also known as the GFI, which has jumped to 93% from under 10% in roughly

one week. The index attempts to track the overriding market emotion, with readings above 90% signaling

greed or excessive optimism, and those below 10% representing extreme fear or pessimism. It's been

quite a week. Quote, our Bitcoin greed and fear index has reached exuberant levels in record time.

It could be well advised to lock in some gains for short-term traders. Head of research

and strategy, the company said in an email.

Meanwhile, quote,

This is truly welcome news for the market, but perhaps not quite the beginning of the end of the bear market.

Tim Frost, CEO of Digital Wealth Platform Yield app, noted cautiously in an email to CoinDesk.

Continuing,

This pump is likely down to a lot of institutional buying on BlackRock and other

institutional applications for a Bitcoin spot ETF, which has not been approved. And if these get

rejected by the USSEC like all the others, this may well lead to another tumble, end quote.

Ether, the second largest crypto and market value is up relative to our show on Wednesday,

but remains below its recent $1,900 level. And we've got a bit more today on the headline, so we're going to

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