Pa ZyCrypto - 1 ane de sa - Tan lekti: 2 minit
Bitcoin Sentiment Wavers As Crypto Fear and Greed Index in ‘Extreme Fear’ Territory
Jounal Bitcoin Fear and Greed Index (FGI) has dropped to a value of 11, indicating “extreme fear” amidst a sharp plummet in the crypto market.
Yo itilize Endèks Laperèz ak Evaris pou evalye santiman envestisè yo nan direksyon pou mache a, ak 0 ki endike pè ekstrèm ak 100 ki endike Evaris ekstrèm.
Plonje Bitcoin
The past few weeks have not been the most favorable for Bitcoin as it has been struggling to steady itself in the $40k zone for a while now. In the past 7 days, the asset has plummeted by 20 percent, dropping from its $38.9k peak last Monday to a current value of $28.9k as of press time.
This has apparently triggered a panic in the crypto space with several investors capitulating to salvage whatever they can from their funds, leading to the FGI value of 11. The last time the FGI hit this value was January 23 this year when Bitcoin closed the previous day with a value of $35k. The values were 28 (fear) and 30 (fear) last week and last month respectively.
Gout sa a nan $ 28k vini kèk jou apre Rezèv Federal la te revele, atravè prezidan li a Jerome Powell, ke li ta pral randone to enterè referans li a pa 0.5 pwen pousan - ogmantasyon nan pi wo nan 22 ane - pou konbat enflasyon k ap grandi ki te rive nan yon nivo. tout tan segondè nan 8.5%.
Early June last year was the last time Bitcoin dipped to $33k after weeks of attempts to bounce back from a downtrend that began the previous month. The asset went on to reach a $29,800 price towards the close of the month before rising to a peak of $67k in early November of last year.
Tout mache kriptografik la te bese pa 5.28% nan 24 èdtan ki sot pase yo
Anplis de Bitcoin, most other digital assets including Ethereum, BNB, LUNA, and SOL have respectively seen some sharp declines in the past seven days, with Ethereum down by 26%, BNB by 25%, LUNA by a massive 99%, and SOL seeing a decline of 41%.
Nan 24 èdtan ki sot pase yo, tout mache kriptografik la te diminye pa 6% pou rive nan yon maksimòm de $1.2 milya dola pandan y ap volim sou mache a te ogmante pa 3.18% pou rive nan yon valè de $102 milya dola, ki endike ke fon yo ap deplase soti nan mache kriptografik la.
Market tracking platform Glassnode reveals that the number of Bitcoin whales appears to be decreasing. Chris Kline, co-founder, and chief operating officer of Bitcoin IRA, said he believes one of the causes of the crash in the crypto market is the fact that investors are looking for “safer grounds” as they weigh other investing options amidst the interest rate hike by the Federal Reserve.
Sous orijinal: ZyCrypto