Five Months Of Fear: When Will The Bitcoin Carnage End?
Data shows the Bitcoin market has mostly showed a sentiment of fear and extreme fear for around five months now as the price continues to struggle. Bitcoin Fear And Greed Index Continues To Point At A Fearful Market As per the latest weekly report from Arcane Research, the crypto market has remained fearful this week as prices show no signs of recovery. The “fear and greed index” is an indicator that tells us about the general sentiment among Bitcoin and crypto investors. The metric uses a numeric scale that runs from one to hundred for displaying the sentiment. Values below....
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Today’s top meme coins have lost 4.8% in value against the U.S. dollar, as the crypto market carnage has wreaked havoc across the entire digital currency economy. While dogecoin had a phenomenal year in 2021, over the past 12 months, dogecoin lost 82.8% against the USD. DOGE Tapped an All-Time High a Year Ago Today, Meme Coin Value Is Down 82% Since That Point Meme coin assets are down this week following the rest of the crypto economy’s downward spiral. Statistics show that dogecoin (DOGE) has shed 14% in value during the past month and 30 day stats show shiba inu (SHIB) is....
Data shows the crypto market has been observing extreme fear for two months now, leaving investors in panic as Bitcoin has crashed to $20k. Crypto Fear And Greed Index Is Still Pointing To “Extreme Fear” As per the latest weekly report from Arcane Research, the cryptocurrency market has now been facing extreme fear for two months now, the longest streak in history. The “fear and greed index” is an indicator that measures the general sentiment among investors in the crypto market. The metric uses a numeric scale that runs from zero to hundred for representing this....
Bitcoin price is down $800 in just over 24 hours, and elsewhere in the finance space, there is pure carnage. Gold fell below $1900, and stocks are downward spiraling. And behind it all is the dollar. But why is the Dollar Currency Index (DXY) potentially responsible for the market-wide collapse and what exactly is driving […]
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