Na ZyCrypto - 1 tau ki muri - Wā Pānui: 2 meneti
Bitcoin Sentiment Wavers As Crypto Fear and Greed Index in ‘Extreme Fear’ Territory
te Bitcoin Fear and Greed Index (FGI) has dropped to a value of 11, indicating “extreme fear” amidst a sharp plummet in the crypto market.
Kei te whakamahia te Taurangi Wehi me te Haehae ki te aromatawai i te whakaaro o nga kaipupuri moni ki te maakete, me te 0 e tohu ana i te tino mataku me te 100 e tohu ana i te tino apo.
Whakatuturu 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.
Ko tenei hekenga ki te $28k ka tae mai i etahi ra i muri mai i te whakaaturanga a te Federal Reserve, na tana tiamana a Jerome Powell, ka piki ake tana reiti huamoni tohu ki te 0.5 ōrau ira - te pikinga teitei rawa i roto i nga tau 22 - ki te patu i te pikinga o te pikinga kua eke ki te taumata teitei. teitei o nga wa katoa o te 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.
Kua heke te maakete crypto katoa e 5.28% i nga haora 24 kua hipa
I tua atu ki te 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%.
Ko te katoa o te maakete crypto i roto i nga haora 24 kua pahemo kua heke iho i te 6% ki te kohinga o te maakete o te $ 1.2 trillion i te wa i piki ake te nui o te maakete ki te 3.18% ki te uara o te $ 102 piriona, e tohu ana kei te neke atu nga moni mai i te maakete crypto.
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.
Kuputuhi taketake: ZyCrypto