ICYMI: the 'Fear and Greed' index for cryptocurrencies demonstrates that traders are getting greedy crypto Bitcoin $BTC
The Crypto Fear & Greed Index, a complex market sentiment indicator tracked by the Alternative.me portal, has witnessed the most aggressive upsurge in the last six months.Today, on March 28, 2022, the"Fear and Greed" index for cryptocurrencies added 11 points overnight. It is now estimated at 60/100; this means that traders are getting greedy.As such, the index spiked to the highest levels in more than four months.
Primarily, traders turned bullish amid the spike in the Bitcoin price. Today, the first cryptocurrency jumped over $47,500, which is the highest daily close in 2022. Also, this rally looks special on the one-day timeframe. Today, Bitcoin printed its seventh green candle in a row, adding more than 15%. The last time that seven green candles were registered was in July, when BTC rocketed from $29,000 to $42,000.Blockchain Analyst & Writer with scientific background. 6+ years in IT-analytics, 3+ years in blockchain.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘There Is No Fear’: A Ukrainian Mother Risks All to Retrieve Her SonOlena Sirotiuk was working in Poland when the war broke out. She took a dangerous journey into Ukraine to reunite with her 12-year-old child.
Read more »
Genetic Link to Fear Memories Found Hiding Within Mice's 'Junk DNA'Using a powerful new sequencing technique researchers have tracked down genes within mice that work towards soothing fear-related memories. These genes are hidden within relatively unknown regions of the mammalian genome we'd written off as 'junk DNA
Read more »
Experts fear U.S. won't see next COVID surge comingExperts are watching for a potential new COVID-19 surge in the U.S. — and wondering how long it will take to detect.
Read more »
WWII created generations of trauma in their families. They fear war will do the same in Ukraine.Descendants of survivors of previous conflicts say they fear the war in Ukraine could leave lasting scars on Ukrainians living through it — as well as the generations that follow them.
Read more »
First-Time Home Buyers, Inventory Expected To Rebound In 2024The housing market is expected to return to pre-pandemic, 2019 norms — at least in terms of inventory and the share of purchases made by first-time home buyers — by 2024, according to a panel of housing market experts
Read more »