The Crypto Fear & Greed Index is dropping again. It is currently sitting at 20 out of 100 on the index — which counts as ‘extreme fear.’
The cryptocurrency markets are in a panic as Bitcoin (BTC) continues its freefall. It is trading at around $7,150 at the time of writing — a drop from $8,700 just a week ago. This descent has caused the rest of the cryptocurrency market to respond with panic and fear. In fact, according to the Crypto Fear & Greed Index, the sentiment right now is ‘extreme fear.’
With Bitcoin plummeting, the entire cryptocurrency market has gone right with it. The market capitalization of the entire cryptocurrency market has, as a result, dropped under $200B for the first time since May 2019. It is a painful drop that will likely further shake the hope of investors. Some are even saying that Bitcoin’s much-anticipated block-reward halving event in May 2020 is already ‘priced in.’

Did you know you can trade sign-up to trade Bitcoin and many leading altcoins with a multiplier of up to 100x on a safe and secure exchange with the lowest fees — with only an email address? Well, now you do! Click here to get started on StormGain!
Disclaimer
All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.

Anton Lucian
Raised in the U.S, Lucian graduated with a BA in economic history. An accomplished freelance journalist, he specializes in writing about the cryptocurrency space and the digital...
Raised in the U.S, Lucian graduated with a BA in economic history. An accomplished freelance journalist, he specializes in writing about the cryptocurrency space and the digital...
READ FULL BIO
Sponsored
Sponsored