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Crypto Worry and Greed Index Score Hits 5 Month Low, Evaluated Sentiment Points to ‘Extreme Fear’

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Crypto Worry and Greed Index Rating Strikes 5 Month Low, Examined Sentiment Points to ‘Extreme Worry’

< img width= "1280" height =" 720" src=" http://investincryptocoins.com/wp-content/uploads/2022/01/UbLJ5N.jpg "class=" story __ img post __ poster" alt =" Crypto Worry and Greed Index Rating Strikes 5 Month Low, Examined Sentiments Points to 'Extreme Worry'" loading= "lazy" > On January 8, 2022, the cost of bitcoin dropped to$ 40,517 per system just after 1 p.m.( EST) on Saturday afternoon. According to the Crypto Fear & Greed Index( CFGI ), sentiment shows” extreme worry” is in the air, and the CFGI score is a 10. The last time the CFGI score was this low was 171 days ago

on July 21, 2021. Current CFGI Sentiment Reveals’ Extreme Worry’– Bitcoin’s Rate 39% Lower Than All-Time High Digital currency markets shed billions in value this past week and the leading crypto property bitcoin( BTC) lost near 10 %during the last seven days. On Saturday, January 8, 2022, the price hit its floor given that completion of September 2021, tapping a low of $40,517 per unit this afternoon.

Bitcoin’s international trade volume on Saturday is approximately $23.6 billion. BTC’s biggest trading set is tether (USDT) which commands 61.46% of all trades today. This is followed by USD (14.73%), BUSD (6.79%), KRW (3.64%), JPY (3.27%), and EUR (3.21%).

Crypto Fear and Greed Index Score Hits 5 Month Low, Analyzed Sentiments Points to 'Extreme Fear'
< figure id =" attachment_503644 "aria-describedby=" caption-attachment-503644" class=" wp-caption aligncenter" >< img loading= "lazy" class =" wp-image-503644 size-full" title =" Crypto Fear and Greed Index Score Hits 5 Month Low, Analyzed Beliefs Points to 'Extreme Fear'" src=" http://investincryptocoins.com/wp-content/uploads/2022/01/4WmyjQ.jpg" alt

=” Crypto Fear and Greed Index Score Hits 5 Month Low, Evaluated Beliefs Points to’ Extreme Fear'” width =” 2424″ height=” 1316″ > The price of bitcoin dropped to$ 40,517 per system just after 1 p.m.( EST )on Saturday afternoon. BTC’s leading exchange on Saturday is FTX.US, followed by Coinbase, Bitfinex, Kraken, and Bitstamp. BTC’s global trade volume today just represents 23.69% of the $99.6 billion in trades amongst all the assets in the crypto economy. While BTC commands$ 23.6 billion in trade volume, tether (USDT) captures $46.7 billion in trade volume worldwide.

has actually been in between $40,517.66 to$ 42,702.09. The Crypto Worry & Greed Index (CFGI) hosted online portal alternative.me indicates the existing CFGI rating is 10. This indicates “extreme worry “as the tool “examines feelings and beliefs from various sources and crunch them into one basic number.” The CFGI score hasn’t been this low considering that the summertime, on July 21, 2021,

which was approximately 171 days earlier. Ball game has actually changed a fantastic deal since even the other day, when the CFGI taped the” severe worry” belief score at 18. Recently the CFGI score was 21, and thirty days prior it was 29. Year-to-date, bitcoin( BTC) on Saturday, January 8, 2022, BTC is only up 6.4%. However, BTC is down 39 %lower since

its all-time high (ATH) 2 months ago on November 10, 2021. Bitcoin is up, however, 61,932.6% because July 6, 2013, or 8 years back when it was$ 67.81 per coin. Tags in this story evaluates emotions, analyzes sentiments, Bitcoin( BTC ), BitFinex, BitStamp

, CFGI, Coinbase, Crypto, Crypto Worry & Greed Index, Cryptocurrency, Ethereum (ETH), severe fear, Fiat pairs, FTX.US, July 21 2021, Kraken, Markets, pairs, Rates, Score, Rating 10, Tether, USDT What do you consider the Crypto Worry & Greed Index rating today? Let us understand what you think about this subject in

the comments section below.< img src=" https://static.news.bitcoin.com/wp-content/uploads/2018/04/2Khomers-150x150.jpg" srcset=" https://static.news.bitcoin.com/wp-content/uploads/2018/04/2Khomers-150x150.jpg 1x, https://static.news.bitcoin.com/wp-content/uploads/2018/04/2Khomers-300x300.jpg 2x" class=" avatar avatar-150 image" > Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a monetary tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He wants Bitcoin, open-source code, and decentralized applications. Considering that

September 2015

, Redman has actually composed more than 5,000 short articles for Bitcoin.com News about the disruptive procedures emerging today. Image Credits: Shutterstock, Pixabay, Wiki Commons, Twitter, Bitcoinwisdom, Disclaimer: This article is for educational functions only. It is not a direct deal or solicitation of a deal to purchase or sell, or a suggestion or recommendation of any items, services, or business.




Bitcoin.com does not provide investment, tax, legal, or accounting recommendations. Neither

the businessnor the author is accountable, directly or indirectly, for any damage or loss caused or alleged to be triggered by or in connection with making use of or dependence on any material, items or services discussed in this short article. Check out disclaimer< aside id=" bn_widget_spacing-18" class=" td_block_template_1 widget widget_bn_widget_spacing" >< aside id =" custom_html-21 "class=" widget_text td_block_template_1 widget widget_custom_html" > More Popular News < aside id=" custom_html-46" class=" widget_text td_block_template_1 widget widget_custom_html" >< aside id=" bn_widget_spacing-20" class=" td_block_template_1 widget widget_bn_widget_spacing" >< aside id=" custom_html-30" class=" widget_text td_block_template_1 widget widget_custom_html" > In Case You Missed It Published at Sun, 09 Jan 2022 06:30:05 +0000

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