Panic Vs Pandemic: Crypto Market Is More Fearful Than On Black Thursday

Panic Vs Pandemic: Crypto Market Is More Fearful Than On Black Thursday

Following the Bitcoin and wider crypto crash, investors in the market are now more fearful than they were during Black Thursday in March 2020. Crypto Fear And Greed Index Now Has An Extreme Fear Value of “7” The “fear and greed index” is an indicator that tells us about the general market sentiment among crypto investors right now. The metric uses a numeric scale that runs from zero to hundred for representing this sentiment. All values of the index below fifty imply that investors are fearful at the moment, while those above the threshold mean they are currently....


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Bitcoin Exchange Reserve Spikes Up, Selloff Not Over Yet?

On-chain data shows Bitcoin exchange reserves have sharply increased in value, a sign that the selloff may not be over yet. Bitcoin Exchange Reserve Observes Rapid Rise As pointed out by an analyst in a CryptoQuant post, a high number of coins have entered exchanges over the last day. The “exchange reserve” is an indicator that measures the total amount of Bitcoin currently present in wallets of all centralized exchanges. When the value of this metric goes up, it means the supply on exchanges is going up as investors are depositing a net number of coins. As holders usually....