|
Forum » FunWorld » Allgemein » Bitcoin Plummets 30% as “Extreme Fear” S
Bitcoin Plummets 30% as “Extreme Fear” S | |
---|---|
upamfva Grünschnabel Posts: 13 |
# 28.05.2021 - 09:00:58 Uhr
Bitcoin Plummets 30% as “Extreme Fear” Sets in on Crypto Marketsrnrnrn  The Crypto Fear and Greed Index, a metric thats known to measure current market sentiment, fell to its lowest point of 2021. The index, which has continued to fall alongside Bitcoin prices, hit “extreme fear” levels, which have not been observed since April 2020 during the global financial market crash.To get more news about WikiFX, you can visit wikifx.com official website.rnBitcoin (BTC/USD) prices dropped by more than 40% in March 2020 during the stock market crash. Since rallying more than 200% in 2021, the major cryptocurrency appears to be retracting similar levels. Source: Tradingview.comrn  The metric has continued to reflect the bearish sentiment that seems to have overtaken the crypto markets. As Bitcoin extended its losses and briefly hit $31,600 today, the indicator collapsed to a record-low rating of 11.rn  News of Tesla rejecting Bitcoin payments earlier last week turned the markets sour — leading to a massive broad market drawdown.rn  At time of writing, Bitcoin is down 27.63% in a single week, with Ethereum, Binance Coin and Dogecoin down 41.83%, 50.32%, and 26.60%, respectively.rn  Just earlier last month, the metric signalled that the crypto market was heavily overheated, with a rating of 73, or “Greed.” Up to that point, Bitcoin was up by more than 200% YTD.Short-term volatility also climbed to the highest level seen since last February. According to the Bitcoin Volatility Index, monthly volatility rose to 4.64%.rn  Unfortunately, its likely that volatility is here to stay. According to Deribit Metrics, historical volatility for the options market surged to 131%, up from 67% just a week prior.  The contract with the highest notional value and volume are May 28 50,000 puts, which are already in-the-money. With more than $1.6 billion worth of contracts set to expire by the end of May, theres no doubt that Bitcoin will continue to face choppy price action.rn |
Umfrage |
keine Umfrage vorhanden |
Shoutbox |
FrankJScott: Please try Google before asking about Excellent Product Blog 8ef38_5 FrankJScott: Please try Google before asking about Top Product Info 8ef37_5 collegefootball: Rutgers Football Jerseys
Virginia Tech Jerseys
Arizona State Jerseys
WSU Football Jerseys
Virginia Cavaliers Jerseys
Minnesota Golden Gophers Jerseys
UCF Knights Jerseys
Auburn Tigers Jerseys
Miami Hurricanes Apparels
Colorado Buffaloes Uniforms
sakla online: Quality posts is the crucial to invite the visitors to visit the web page, that's what this web page is providing.
online sakla review
borer: carnet de conducir españa online
führerschein kaufen 2023
osta oikea suomalainen ajokortti verkosta
kupiti hrvatsku vozačku dozvolu online
Vásároljon igazi magyar jogosítványt
Koop echt Nederlands rijbewijs
Koop echt Belgisch rijbewijs
Acquista la patente di guida italiana 2023
Køb ægte dansk kørekort
Köp äkta svenskt körkort |
Online | ||||||||||||||||||
|
Geburtstag |
Buyd4items hat am 12.05.2024 Geburtstag facegaga1 hat am 15.05.2024 Geburtstag GamerAlex hat am 18.05.2024 Geburtstag |
Partner |