The current streak of extreme fear is already the longest ever in crypto history, and it’s continuing on still. Here’s a recap of the major events responsible for this bottom sentiment.
Crypto Fear And Greed Index Continues To Point At “Extreme Fear”
The “fear and greed index” is an indicator that tells us about the general market sentiment among crypto investors.
The metric uses a numeric scale that runs from zero to hundred for representing this sentiment. All values below the fifty mark imply a fearful market, while those above the threshold mean investors are greedy right now.
End values of above 75 and below 25 indicate extreme sentiments of “extreme greed” and “extreme fear,” respectively.
Now, here is a chart from the latest weekly report from Arcane Research, that shows the trend in the crypto fear and greed index over the past year:
Looks like the value of the indicator has been very low in recent weeks | Source: Arcane Research's The Weekly Update - Week 25, 2022
As you...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...