FOMO has the Bitcoin Fear and Greed Index at 80 – Will the extreme greed cost you?
The Bitcoin Fear and Greed Index, a metric reflecting market sentiment, currently stands at 80, indicating a state of extreme greed among traders. This heightened level of greed often triggers the Fear of Missing Out (FOMO) phenomenon, where investors fear missing out on potential gains and make impulsive decisions. However, while optimism can be contagious […]
Bitcoin Fear & Greed Index hits all-time high – What it means for your investments
The Crypto Fear & Greed Index has recently surged to its highest level since Bitcoin’s record high in 2021. This index, which measures market sentiment in the crypto space, has reached unprecedented levels, reflecting significant shifts in investor emotions and behaviors. This index serves as a crucial barometer of market sentiment, influencing trading decisions and […]
Bitcoin surges past $24K as crypto`s Fear and Greed Index shifts to 31
The bull run has just begun. Bitcoin breached the $24,000 mark in more than a month for the first time. After nearly three months of “extreme fear,” investors can take a large breath of relief. BTC rose to a record high of $24,120 on Wednesday, up 8% in 24 hours and trading at levels not […]
Time to buy? The Bitcoin market is still in extreme fear
TL;DR Breakdown Data from the Fear and Greed index indicates the Bitcoin market is in a state of “fear,” which suggests buying opportunity. Hours ago, the Bitcoin crossed $39,000, causing the liquidation of $1.1 billion short positions. Despite the recent increase in the market value of the largest cryptocurrency, Bitcoin (BTC), the Fear and Greed […]
Ethereum value transfer reaches parity with Bitcoin
The average Ethereum value transfer now equals to that of the Bitcoin network. It means the total value of virtual assets moved via the blockchain, in this case, Ethereum blockchain, is now contending with those on the Bitcoin platform as of April 12 this year. Blockchain analytics firm Messari shared data indicating that the two […]
Crypto sentiment down despite up market
Despite the recovery in the cryptocurrency prices and the overall stability, the crypto sentiment is not showing very good results. On the Fear and Greed Index, the crypto sentiment still indicate extreme fear. After all the chaos caused by a coronavirus in the crypto market, now it seems that circumstances are now getting better in […]
Extreme crypto fear is a good buying opportunity?
Per the reports, after the abrupt market crash previous week, Crypto Fear & Greed Index has been indicating ‘extreme crypto fear.’ The Fear & Greed Index functions as the indicator for the confidence and attitudes of investors towards the crypto market. The system employs various sources, including social media, for producing relative numbers reflecting the […]
