Crypto Fear and Greed index drops to October 2020 levels
The Crypto Fear and Greed index shows that the cryptocurrency market sentiment has just shifted from “Extreme Greed” to “Fear.” With the Bitcoin (BTC) price dipping below a $29,000 threshold, the investor mood is worsening and the Crypto Fear and Greed index has plunged to October 2020 levels.On Jan. 22, the Crypto Fear and Greed index sharply dropped to a value of 40, moving the market sentiment from “Extreme Greed” to “Fear.” The index dropped to this low for the first time since Oct. 3, 2020, when Bitcoin was trading at around $10,500.Crypto Fear and Greed Index one-year chart. Source:....
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Crypto market sentiment has dropped into the far negative once more. This has been one in the making ever since the Terra crash had begun and investors had scrambled to leave the market. A culmination of this and speculations that the market is headed into one of the longest bear trends ever recorded has now seen sentiment fall to levels not recorded since 2020. In The Extreme Fear Region Now, the crypto market sentiment has not been positive for a while. Most of the last two months have been spent in the fear territory and April had closed out in extreme fear. Nevertheless, the scores on....
Trader sentiment is verging on "extreme fear," the Index shows amid echoes of the climate after the March 2020 cross-asset crash. Bitcoin (BTC) and altcoin traders are more nervous than any time in over a year as a classic sentiment gauge signals "fear" is driving the market.According to the Crypto Fear & Greed Index, cryptocurrency traders have not had such cold feet about the market climate since April 2020.March 2020 on repeatFear & Greed uses a basket of factors to determine overriding sentiment among market participants — and therefore where the market itself is likely headed.Price....
Following the Bitcoin crash to $42k, the fear and greed index has declined to extreme fear values not seen since July of last year. Bitcoin Fear And Greed Index Points At “Extreme Fear” As pointed out by an analyst in a CryptoQuant post, the BTC fear and greed index has dropped to very low values. The “fear and greed index” is a crypto indicator that measures the general sentiment among investors in the market. The index uses numbers to represent the sentiment on a numeric scale that goes from zero to hundred. Values of the indicator above fifty mean that the....
The Bitcoin Fear & Greed Index has been in the extreme fear territory for two weeks now, showcasing the effect of the crash on investor sentiment. Bitcoin Fear & Greed Index Is Still Inside Extreme Fear Zone The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the average […]
Data shows the Bitcoin Fear & Greed Index has sunk to its lowest level since the 2022 bear market following the latest crash in the BTC price. Bitcoin Fear & Greed Index Currently Has A Value Of Just 10 The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the […]