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Key takeaways:Crypto market sentiment hit a two-month high with the Crypto Fear & Greed Index returning to “Greed” territory on April 23. Despite Bitcoin’s price hold, the sentiment score is gradually declining, and analysts are expressing doubt over the rally’s sustainability.The crypto market rema…
After months of bullish momentum that pushed the Bitcoin price to an all-time high of over $109,000 earlier this year, analysts are now debating whether that surge marked the official market top. Strengthening this argument, a confluence of technical indicators suggests the market cycle may have alr…
Ethereum’s MVRV Z-Score, a key metric for assessing whether its native token, Ether , is overvalued or undervalued, has dropped to its lowest level in 17 months, signaling that the second-largest cryptocurrency could be bottoming.Ethereum’s MVRV Z-Score nears accumulation zoneThe MVRV Z-Score, which…
The Crypto Fear & Greed Index — a measure of Bitcoin and the broader crypto market sentiment — fell 19 points in a day to its lowest score since Oct. 14.The plunge to a score of 50 out of 100 is one of the index’s biggest daily drops over the last few years, causing market sentiment to plunge into t…
The Crypto Fear & Greed Index — a measure of Bitcoin and the broader crypto market sentiment — has fallen 19 points in a day to its lowest score since Oct. 14.The fall to a score of 50 out of 100 is one of the index’s biggest daily drops over the last few years — causing market sentiment to plunge i…
Brian Armstrong, the CEO of Coinbase, has unveiled a new platform called OnChainScore. This site lets users check the score of any wallet address based on its blockchain activity. It gets into details like the number of transactions on Ethereum and Base, how often the wallet is active, and more. Soo…
The on-chain analytics firm Santiment has revealed how Shiba Inu and XRP are among altcoins that are seeing a bullish divergence on the MVRV Z-Score. MVRV Z-Score Says XRP And Shiba Inu Traders Are Se