The Crypto Fear & Greed Index is changing rapidly and may soon change value to Fear

The indicator, which analyzes the daily emotions and moods in the crypto markets, is already moving towards the number 50, which indicates increasing tension among traders.

The Crypto Fear & Greed Index is changing rapidly and may soon change value to Fear

At present, almost all markets of cryptocurrencies are experiencing more significant declines, which is immediately reflected in the moods of those who make up these markets and thus traders.

Let's take a look at the verified Crypto Fear & Greed Index and its current numbers and value.

alternative.me

As you can see, the Fear & Greed Index has fallen by as much as 24 numbers in the last 7 days, from 79 to 55 today. The status has changed from Extreme Greed to Greed within a week, but there is not much missing and we will be in a zone of fear.

If the Fear & Greed Index moves below 50, this will be the first time since March 1 that the value will change back to Fear.

alternative.me

As for the TOP 3 cryptocurrencies, Bitcoin is currently trading around $50K, Ethereum at $2,350 and the BNB at $520.


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