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Bitcoin has slipped back into bear mode, trading near $109,000, and once again, the âSeptember curseâ seems to be haunting the crypto market. Nearly $1.7 billion in long positions have been wiped out, shaking the confidence of retail traders.But according to analyst CRYPTOBIRB, the bigger picture maâŚ
Data shows the Bitcoin Fear & Greed Index has slipped back into the fear territory following the crash in the cryptocurrencyâs price.Bitcoin Fear & Greed Index Suggests Investors Now FearfulThe âFear & Greed Indexâ refers to an indicator created by Alternative that tells us about the average sentimeâŚ
Crypto traders have swung into more negative sentiment and deeper fear, uncertainty, and doubt (FUD), according to the onchain analytics platform Santiment, but analysts say itâs likely only temporary.Santiment said in an X post on Tuesday that with the price of Bitcoin (BTC) falling, and altcoins gâŚ
The Crypto Fear & Greed Index, which tracks overall crypto market sentiment, has remained in the âgreedâ zone despite rising geopolitical tensions after Israel launched a series of airstrikes on Iran.The Index posted a score of 60 in its Sunday update, maintaining its position in the greed territoryâŚ
Data shows the Bitcoin market sentiment has broken into the extreme greed territory following the cryptocurrencyâs new high above $111,000.Bitcoin Fear & Greed Index Has Shot Up RecentlyThe âFear & Greed Indexâ refers to an indicator created by Alternative that tells us about the sentiment held by tâŚ
As uncertainty in the broader market looms over the crypto space, some market pundits remain remarkably upbeatâespecially when it comes to XRP.A anonymous cryptocurrency analyst referred to as âPapaâ sees XRP reaching a price of up to $14 despite the latest challenges besetting the digital money. ThâŚ
On April 7, the CBOE Volatility Index (VIX) posted a rare spike to 60, a level seen as a barometer of extreme market fear and uncertainty. According to Dan Tapiero, CEO of 10Tfund, the VIX has hit 60 only five times in the last 35 years, and data suggests a rebound for risk assets such as Bitcoin iâŚ
A crypto venture capitalist said the market may be nearing a local bottom, citing extended negative funding rates and widespread bearish sentiment â which he says is âoften the best signal.ââI might be early, but it feels like weâre near the bottom,â Hartmann Capital founder Felix Hartmann said in aâŚ
According to a crypto executive, while experienced investors in the crypto industry are more optimistic than ever about the overall crypto market, retail interest is at rock-bottom levels not seen in years.Itâs a sentiment echoed across the crypto industry, though some analysts argue it varies betweâŚ
When BTC hit 'extreme greed' levels of 94 in November 2020, it dropped by 20% by February 2021.
The Fear and Greed Index shows the market at a greedy 73, reflecting strong optimism among traders.
In contrast to popular bullish sentiments, Bitcoin began October on a bearish note, recording a price decline of over 7% in the first three days of the month. However, while the BTC market experienced an uptick on Friday as data from the US Labor Department indicated incoming rate cuts, investors haâŚ