The Crypto Fear and Greed Index, a popular tool used for gauging the market sentiment, has plunged to 31, its lowest level since Apr. 29, 2020.
Interestingly enough, it took the index just one week to go from extreme greed (79) to fear.
Advertisement
Advertisement
Fri, 04/23/2021 - 17:33
Louisiana Lawmakers Back Bill That Says Bitcoin Could Potentially Become New Monetary Reserve
On Apr. 23, Bitcoin crashed to $47,576 on the Bitstamp exchange, marking a 27 percent correction from its all-time high of $64,895 that was reached on Apr. 14.
As reported by U.Today, some analysts warned that a deeper correction could be coming after Bitcoin collapsed to its lowest level since early March.
At press time, Bitcoin is trading at $49,400. The cryptocurrency is on track on record its fifth day in the red in a row.
XRP Rockets 428% in Capital Allocation, Strategy Announces Biggest Bitcoin Purchase in Six Months, Shiba Inu (SHIB) Jumps 1,153% in Netflow — Crypto News Digest
First-Ever Acquisition of Publicly Traded Bitcoin Company Just Compelted: Details
Morning Crypto Report: $17 XRP Dream Faces Bitcoin Crosswind, Shiba Inu 2.0? Vitalik Buterin Exits 6 Coins, SEC Chief Explains Venezuela's $60 Billion BTC Situation
$160M XRP Shuffle Sparks Confusion
Caroline Amosun
Dan Burgin
Alex Dovbnya
