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Crypto market update: Risk assessment, Bitcoin trend, and fed impact
22.3.2024
The past few months have witnessed the crypto market go on a dynamic journey. Now that the market is catching breath, analysts are surfacing with their takes on navigating the industry. Benjamin Cowen from IntoTheCryptoverse is one such analyst who shared keen insights into the BTC market. Cowen...
Bitcoin Rise in First Month of 2023 Moves Crypto Fear Index From ‘Extreme Fear’ to ‘Greed’
30.1.2023
Last month, statistics showed that the Crypto Fear and Greed Index (CFGI) had a score of 25, indicating “extreme fear.” Thirty days later, with a 39% increase in bitcoin prices against the U.S. dollar, the current CFGI score on Jan. 30, 2023, is 61, reflecting “greed.”...
Bitcoin Dominance Has Remained Under 40% for More Than 3 Consecutive Months
7.12.2022
Over the last 100 days or roughly three months, bitcoin’s market dominance among 21,958 different crypto assets worth roughly $850 billion has been under 40%. Bitcoin dominance has been under 40% since Aug. 27, 2022, with a brief instance of rising above the 40% range 52 days ago, on Oct....
Crypto Fear and Greed Index Shows Market Sentiment Remains Fearful
19.8.2022
After the Crypto Fear and Greed Index (CFGI) dropped to significant lows and pointed to “extreme fear” in crypto markets at the end of May, and throughout most of June, today the CFGI rating is still in the “fear” zone, but it has seen an improvement. On June 19,...
While Bitcoin and Ethereum Dominance Slides, Stablecoin Market Caps Reap the Rewards
28.6.2022
During the past 30 days, $285 billion has left the crypto economy and bitcoin’s USD value hit a 2022 low at $17,593 per unit on June 18. Moreover, last month’s statistics show bitcoin’s market dominance was 2.9% higher and ethereum’s market dominance was 2.1% higher than...
Crypto Prospects of the Month: FIREPIN Token (FRPN), Cronos (CRO), and Avalanche (AVAX)
8.4.2022
The crypto market has suffered a minor decline after two weeks of prosperity as we comfortably head into spring. With the likes of Bitcoin (BTC) and Ethereum (ETH) reaching levels of $47,000 and $3,500, both cryptos have dipped since to values of over $43,000 and $3,200. Despite the setback, that...