Tag: Fear and Greed Index

After leaping over $40,000 and just brushing $45,000 with its fingertips, Bitcoin fell back below $40,000. Adding to that, the king coin was revisiting the prices it passed in late February. Even at press time, Bitcoin was painting a red candle. Rather than giving up in frustration, however, it’s time to see what the metrics […]

Bitcoin is presently positioned 23 on the Fear and Greed Index, as the price of bitcoin continues to plummet and fears about Russia bypassing sanctions via the cryptocurrency market continue to create market uncertainty. Following visits to the 52-point mark and the neutral zone the previous week, it dropped to 22 over the weekend. Despite the increase to its current level of 23, the Index continues to be in the extreme fear zone of the scale. The intense concern that investors are presently experiencing may also be observed in the recent resurgence of interest in gold, which is a physical rival to Bitcoin. A couple of weeks ago when the news of Russia’s invasion of Ukraine emerged, it received a lot of reaction in economic markets throughout the world. The long-term viability of the cryptocurrency industry was also put to the test when the price of Bitcoin and other digital assets plunged in the wake of the news. Gold, on the other hand, behaved differently. The price of gold climbed to its highest level in more than a year in the hours after the invasion, rising by 2 percent in only a few short hours. The Fear and Greed Index The “fear and greed index” is a numeric scale ranging from zero to one hundred that represents the overall investor sentiment in the cryptocurrency markets, and it is calculated as follows: Anything over 50 on the measure indicates greater greed than usual, while a reading of 50 indicates neutrality. A fear index score below 50 indicates that the typical investor is experiencing fears. Values below 25 indicate extreme fear, which indicates that investors are very concerned, but this might also suggest an excellent time to purchase cryptocurrency. Things are not looking good for the larger crypto market right now, as the values of crypto-assets continue to fall. At the time of writing this article, Bitcoin is on its sixth consecutive day of losses, and according to data from Coinmarketcap, it has lost 7.61 percent in the last seven days. Ethereum is also down 9.70 percent, while Cardano and Solana are down 12.24 percent and 13.41 percent respectively.

The post Bitcoin Slips To Extreme Fear On The Fear And Greed Index appeared first on Cryptoknowmics-Crypto News and Media Platform.

The post Altcoins like AVAX, SOL, And MATIC Primed To Surge 35%! Are These A Welcoming Sign For The Bulls? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

  The crypto market has taken yet another plunge on the market charts. Wherefore, the market cap of the business has taken a fall of 40.4% over the day. Taking the numbers away from the bulls to $1.77 Trillion. The implications of which are evident in the market sentiments. That has lowered the fear and greed …

The post Are The Crypto Markets Heading Towards Another 25% Crash By Mid-March? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

   The crypto fraternity is experiencing a minor pullback in its momentum. As the industry’s market capitalization sees a fall below its $2 Trillion thresholds. Successively, the precise numbers of the market cap at the time of press are $1,951,047,024,103. The numbers are down 3.5% over the previous day. So are the numbers of a number …

Bitcoin’ jump to $44,000 unwound an increasing number of short positions, data from Coinglass showed. The token has driven the crypto market higher amid growing adoption through the Russia-Ukraine conflict. Is a Bitcoin short Squeeze incoming? Data from Coinglass showed about $68 million short positions in the world’s largest cryptocurrency had been liquidated in the

The post Bitcoin Short Squeeze: BTC Bulls Wipe Out $68 Million Shorts In Last 24 Hrs appeared first on CoinGape.

The post Will The Ongoing Market Sentiments Propel Terra (LUNA) Price For A Run To $118 By Mid-Week? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

   The worldwide crypto market has been soaring higher on the market charts. Which has fueled optimism amongst the folks from the business. The market cap of the crypto industry has reclaimed its $2.0 Trillion milestones. As the numbers have surged 1.5% over the bygone day. Successively, the fear and greed index is currently neutral at …

The crypto volatility is not new to long-term investors. The digital currency market saw massive corrections in the past few years.

Market analysis suggests that for Bitcoin to start knocking on the door of a sub $30,000 Bitcoin, sellers would “need to panic out to a large degree.”

The post Is Bitcoin(BTC) Price On The Verge Of Falling To $32,000 In The Next 24-Hours? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The global crypto business is clawed down by the bears, over the crypto town’s stormy night. The geopolitical tensions between Russia and Ukraine have suppressed the business to a greater extent. The implications of which are evident across exchange markets and financial activities. Amidst the ongoing torments, the market capitalization of the industry is down …

Bitcoin sank 4% on Tuesday, briefly touching a one-month low as escalating tensions between Russia and Ukraine battered sentiment towards cryptocurrencies. The Bitcoin Fear and Greed Index, a popular gauge of investor sentiment, indicated extreme fear.  Reports said Russian President Vladimir Putin had ordered troops into separatist regions in eastern Ukraine. Bitcoin has slumped nearly

The post Bitcoin (BTC) Eyes Bear Market As Sentiment Turns To “Extreme Fear” appeared first on CoinGape.

The post These Metrics Hinting Bitcoin (BTC) Price Breaching To $33k Level, Is 20% Correction Inevitable? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The cryptosphere has revolved back to the lows of the price projections, as a result, the market charts have been painted in red. The turbulence has persuaded the crypto market cap to shed 5.8% of gains over the day to $1.94 Trillion. The price tag of the star crypto Bitcoin is now discounted by 6.6% …

Last week, Bitcoin sentiment shifted to greed for the first time in four months, but has since fallen back down into fear territory amid the current geopolitical and macro uncertainties. Bitcoin Fear And Greed Index Slips Down From Four Month High As per the latest weekly report from Arcane Research, the crypto market sentiment has once again sunk down to fear after briefly entering greed last week. The “fear and greed index” is an indicator that tells us about the general investor sentiment in the Bitcoin and wider crypto market. The metric uses a numeric scale that goes from zero to hundred for representing this sentiment. All values above the “fifty” mark mean that investors are currently greedy. On the other hand, values below this cutoff imply that the market is fearful at the moment. Extreme values of above 75 and below 25 belong to the “extreme greed” and “extreme fear” territories, respectively. Some investors think that buying while the market is extremely fearful is the best as bottoms often tend to happen during such periods. Related Reading | Bitcoin Breaks Above $44K, Can Bulls Push Price To Next Level? Similarly, selling during extreme greed may be a viable strategy due to historical top formations in such periods. This philosophy is often called “contrarian investing.” This quote from Warren Buffet sums it up the best: Be fearful when others are greedy, and greedy when others are fearful. Now, here is a chart that shows the trend in the Bitcoin fear and greed index over the past year: Looks like the value of the indicator is at 46 right now | Source: The Arcane Research Weekly Update - Week 6 As you can see in the above graph, over a week ago, the metric observed some sharp uptrend as it crossed the 50 mark for the first time in four months. However, since then, the value of the index has declined, and now the Bitcoin market sentiment is once again that of fear. Related Reading | Bitcoin Mining Stocks Lose 50-60% Value Since Crypto Price Peak The report suggests that this trend may be because of broader financial markets derisking in response to current geopolitical and macro uncertainties. Also, according to some other data, the Bitcoin leverage ratio has sharply dropped over the past week, further suggesting that investors are reassessing their risk. BTC Price At the time of writing, Bitcoin’s price floats around $44.2k, up 1% in the last seven days. Over the past month, the crypto has gained 3% in value. The below chart shows the trend in the price of BTC over the last five days. BTC's price has surged up over the past couple of days | Source: BTCUSD on TradingView Featured image from Unsplash.com, charts from TradingView.com, Arcane Research