Bitcoin was roughly flat the past 24 hours, trading at about $67,300 at the time of publication. The No. 1 cryptocurrency by market capitalization spent most of U.S. trading hours on Tuesday ranging between $63,500 and $68,500, with a slightly elevated volume across major centralized exchanges. Ether was down about 1.3% over the same period, trading at just above … [Read more...] about Bitcoin Enters ‘Extreme Greed’ Territory; Altcoins Rally
Greed
XRP, Ethereum fall as popular index flashes ‘Greed’ sign
The crypto fear and greed index, a collective metric that estimates the current sentiment on the crypto market, remains in the “greed” zone, while most of the major cryptocurrencies entered the new week with a price uptick.The index reflects daily emotions and sentiments for Bitcoin (BTC) and other large cryptocurrencies, which are gathered and analyzed from different sources … [Read more...] about XRP, Ethereum fall as popular index flashes ‘Greed’ sign
5 things to watch in Bitcoin this week as greed and leverage get ‘flushed out’
Bitcoin (BTC) is keeping bulls and bears guessing as it opens a new weekly candle in the green, heading away from $50,000.After an uneventful but uninspiring weekend, BTC/USD has begun Monday by reclaiming $53,000 for the first time since Thursday. What could lie in store?Cointelegraph takes a look at five factors that could shape BTC price action in the coming days. BTC/USD … [Read more...] about 5 things to watch in Bitcoin this week as greed and leverage get ‘flushed out’
Bitcoin ‘Fear and Greed Index’ reaches early pandemic levels of 2020
The “Crypto Fear and Greed Index,” a collective metric that measures current sentiments on the cryptocurrency market, swiftly swung from “Extreme Greed” (79 points) last week to “Fear” (31) today as most digital assets continue to wallow in the red zone.Today's Cryptocurrency Fear And Greed Index: 31Ranking: Fear#Crypto #Bitcoin #Ethereum— Crypto Fear And Greed Bot … [Read more...] about Bitcoin ‘Fear and Greed Index’ reaches early pandemic levels of 2020
Bitcoin Could Be in the Greed Stage Based on High Leverage Being Used
Bitcoin’s market could have entered the ‘greed stage’ based on the high leverage being used by BTC tradersThe amount of leverage has increased since FebruaryThe weekly Bitcoin chart is hinting of exhaustion and a top might not be too far awayThe Bitcoin market might have entered the ‘greed stage’. This is according to an analysis done by the CEO of CryptoQuant, Ki Young Ju, who … [Read more...] about Bitcoin Could Be in the Greed Stage Based on High Leverage Being Used