The Crypto Fear & Greed Index, reveals that Bitcoin investors are going through the same fear as they did during January’s bear-market when Bitcoin was trading below four thousand dollars ($4000).
The score of the index ranges from 0-100 seeks to provide a measurement of the daily sentiment of the market by collecting and measuring the data from social media, volatility, surveys, volume and Bitcoin dominance. The 0 score indicates “extreme fear” while 100 represents “extreme greed”.
Current Bitcoin investors position
However, for the past few months, the index has been ranged between eleven (11) and forty (40). This score shows that it is a little bit optimistic than that of the December 2018 to January 2019, when the crypto market capitalization was below one hundred and forty billion dollars ($140) and the volume of trading was around twenty billion dollars( $20) a day, respectively sixty and seventy percent less than today’s metric. Read More...