Data shows the crypto market has remained in a state of extreme fear recently despite the Bitcoin volatility being quite low.<\/p>\n
Crypto Fear And Greed Index Continues To Point At \u201cExtreme Fear\u201d<\/p>\n
As per the latest weekly report from Arcane Research<\/a>, investors in the cryptocurrency sector have remained extremely fearful since late August.<\/p>\n The \u201cfear and greed index<\/a>\u201d is an indicator that tells us about the current sentiment among participants in the crypto market.<\/p>\n The metric makes use of a numeric scale that runs from zero to hundred for representing this sentiment. All values above 50 mark periods of greed, while those below the threshold suggest fear among the investors.<\/p>\n At values towards either end of the range, that is those above 75 and below 25, occur mentalities of \u201cextreme greed<\/a>\u201d and \u201cextreme fear.\u201d<\/p>\n Now, here is a chart that shows the trend in the crypto fear and greed index over the last year.<\/p>\n\n The value of the metric seems to have not changed much in recent days | Source: Arcane Research’s The Weekly Update – Week 39, 2022<\/a><\/p>\n As you can see in the above graph, the crypto fear and greed index has a value of 20 at the moment, implying the market is extremely fearful.<\/p>\n This is a continuation of an extreme fear streak that started more than one month ago, back during late August.<\/p>\n Historically, investors have usually maintained fearful sentiments during periods of high volatility in coins such as Bitcoin, while stretches of low volatility have accompanied times of greed.<\/p>\n However, while this recent run of extreme fear took place, the price of BTC mostly stayed constant around the $19k mark. The below graph shows how unusually low the volatility has been for the coin recently.<\/p>\n\n Looks like the Bitcoin volatility has plunged down in the past week | Source: Arcane Research’s The Weekly Update – Week 39, 2022<\/a><\/p>\n The report notes that the crypto market investors having such a rock-bottom sentiment while the BTC volatility has also been low suggests there is an innate fear among the participants that the worst of the bear market hasn\u2019t passed over yet.<\/p>\n BTC Price<\/p>\n At the time of writing, Bitcoin\u2019s price<\/a> floats around $20k, up 5% in the past week. Over the last month, the crypto has gained 1% in value.<\/p>\n The below chart shows the trend in the price of the coin over the past five days.<\/p>\n\n The value of the crypto seems to have shot up over the last couple of days | Source: BTCUSD on TradingView<\/a> <\/p>\n Data shows the crypto market has remained in a state of extreme fear recently despite the Bitcoin volatility being quite low.<\/p>\n Crypto Fear And Greed Index Continues To Point At \u201cExtreme Fear\u201d<\/p>\n As per the latest weekly report from Arcane Research<\/a>, investors in the cryptocurrency sector have remained extremely fearful since late August.<\/p>\n The \u201cfear and greed index<\/a>\u201d is an indicator that tells us about the current sentiment among participants in the crypto market.<\/p>\n The metric makes use of a numeric scale that runs from zero to hundred for representing this sentiment. All values above 50 mark periods of greed, while those below the threshold suggest fear among the investors.<\/p>\n At values towards either end of the range, that is those above 75 and below 25, occur mentalities of \u201cextreme greed<\/a>\u201d and \u201cextreme fear.\u201d<\/p>\n Now, here is a chart that shows the trend in the crypto fear and greed index over the last year.<\/p>\n The value of the metric seems to have not changed much in recent days | Source: Arcane Research’s The Weekly Update – Week 39, 2022<\/a><\/p>\n As you can see in the above graph, the crypto fear and greed index has a value of 20 at the moment, implying the market is extremely fearful.<\/p>\n This is a continuation of an extreme fear streak that started more than one month ago, back during late August.<\/p>\n Historically, investors have usually maintained fearful sentiments during periods of high volatility in coins such as Bitcoin, while stretches of low volatility have accompanied times of greed.<\/p>\n However, while this recent run of extreme fear took place, the price of BTC mostly stayed constant around the $19k mark. The below graph shows how unusually low the volatility has been for the coin recently.<\/p>\n Looks like the Bitcoin volatility has plunged down in the past week | Source: Arcane Research’s The Weekly Update – Week 39, 2022<\/a><\/p>\n The report notes that the crypto market investors having such a rock-bottom sentiment while the BTC volatility has also been low suggests there is an innate fear among the participants that the worst of the bear market hasn\u2019t passed over yet.<\/p>\n BTC Price<\/p>\n
\nFeatured image from Rudi De Meyer on Unsplash.com, charts from TradingView.com, Arcane Research<\/p>","protected":false},"excerpt":{"rendered":"