Latest news with #CryptoFearandGreedIndex
Business Mayor
25-04-2025
- Business
- Business Mayor
Bitcoin, Ethereum Flat, Dogecoin Dips As Accumulation Gains Momentum: Path To $120,000 'Wide Open' For BTC, Says Analyst
Leading cryptocurrencies held steady Thursday as the market warmed up to a Bitcoin re-accumulation trend. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m. ET) Bitcoin BTC/USD +0.30% $93,676.84 Ethereum ETH/USD -0.94% $1,772.67 Dogecoin DOGE/USD +2.71% $0.1823 What Happened: Bitcoin dived to $91,700 early morning on profit-taking but regained the $93,000 by the afternoon. Overnight momentum lifted it briefly past $94,000. Ethereum remained confined to a narrow range below $1,780 throughout the day. Both market heavyweights recorded a sharp fall in trading volumes. Bitcoin's market dominance was 63.4%, up from 60.5% the previous month, indicating continued demand for the leading asset. About $276 million was liquidated from the cryptocurrency market in the last 24 hours, with short position traders losing more than those placing longs. Bitcoin's Open Interest increased by 0.95% in the last 24 hours, marking a second straight day of modest gains. Over the week, though, the leverage has surged by 18%. The majority of Binance traders with an open Bitcoin position continued to bet against the cryptocurrency, according to the Long/Short Ratio. The market mood was one of 'Greed,' according to the Crypto Fear and Greed Index, signaling optimism and growing demand. Top Gainers (24-Hours) Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m. ET) Stacks (STX) +14.70% $0.877 Sui (SUI) +14.37% $3.32 Artificial Superintelligence Alliance (FET) +12.86% $0.7016 The global cryptocurrency market capitalization stood at $2.94 trillion, following a marginal increase of 0.40% in the last 24 hours. Stocks moved northward for the third consecutive day. The Dow Jones Industrial Average popped 486.83 points, or 1.23%, to end at 40,093.40. The S&P 500 lifted 2.03% to close at 5,484.77. The tech-focused Nasdaq Composite spiked 2.74% to end at 17,166.04 Read More Why Memes May Be The Most Valuable RWAs We Ever Tokenize The surge followed strong gains in tech heavyweights Nvidia Corp. NVDA and Tesla Inc. TSLA , which closed 3.62% and 3.50% higher, respectively, on Thursday. See More: Best Cryptocurrency Scanners Analyst Notes: Blockchain analytics firm CryptoQuant noticed a sharp spike in Bitcoin outflows from exchanges, indicating re-accumulation. 'The 100-day moving average of Bitcoin netflow from exchanges has dropped to its lowest level since February 2023. This essentially indicates the highest Bitcoin outflow from exchanges since that date,' the firm added. Widely followed cryptocurrency analyst Bitbull suggested two probable possibilities for Bitcoin: a breakout continuation or a pullback before the 'real run' that may begin in September. 'Either way… the path to $120,000+ looks wide open,' Bitbull added. $BTC is at a key point right now. Case A: The breakout continues — we don't need to wait. Case B: One more shakeout before the real run — wait until September. Either way… the path to $120K+ looks wide open. — BitBull (@AkaBull_) April 24, 2025 Photo Courtesy: Mc_Cloud on Read Next: © 2025 Benzinga does not provide investment advice. All rights reserved.
Yahoo
14-04-2025
- Business
- Yahoo
What the Crowd Is Feeling Vs. What Bitcoin Is Doing: A Look at Sentiment and Price
Right now, we're witnessing one of those rare moments where the crowd's emotions and the market's performance are completely out of sync. According to the Crypto Fear and Greed Index, we are currently in Extreme Fear. The index ranges from 0 to 100, with 0 representing extreme fear and 100 representing extreme greed. On Feb. 28, the reading hit a low of 15—levels that haven't been seen since 2022. This suggests that market participants are more fearful now than they've been in over two years. Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. But here's where things get interesting. Bitcoin is currently trading at $77,042—about 15% higher than it was five months ago, just before the U.S. election. While that's a respectable gain, it's important to note that Bitcoin is still roughly 30% below its all-time high. So despite not being at peak levels, the asset has shown relative strength and resilience. Even so, broader sentiment paints a much different picture—one that feels more like a bear market than a market holding up well. Source: TradingView User NoticeTrades) Trending: BlackRock is calling 2025 the year of alternative assets. That disconnect is exactly what traders and investors should be paying attention to. Fear and Greed metrics are designed to reflect crowd psychology. They aggregate data like volatility, volume, social media trends, and dominance to present a daily snapshot of emotional sentiment in the crypto space. When prices fall, fear tends to spike. When prices rise, greed usually takes over. But when you see fear climbing while price holds above certain levels—that's a signal. It suggests that the average investor is nervous, overleveraged, or emotionally worn out from prior volatility. It may also indicate that the market is no longer being driven by the retail crowd, but rather by institutions and long-term holders with more strategic risk profiles. This is why understanding market structure and volatility is crucial. Sentiment alone can't tell you where price is going—but the divergence between sentiment and price can provide powerful context. When fear is extreme but price is climbing, that can set the stage for explosive continuation moves—especially once that fear begins to the flip side, it can also mean the average investor is overexposed and unprepared for volatility. This often results in poor decision-making—panic selling, FOMO chasing, or freezing up entirely. So what's the takeaway? Don't just follow what people are feeling—watch what the market is doing. Use tools like the Fear and Greed Index not as a guide for prediction, but as a lens for understanding where the crowd's head is at. The best opportunities often lie in those emotional disconnects—when the market says one thing, and the crowd feels another. Read Next:Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets – UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article What the Crowd Is Feeling Vs. What Bitcoin Is Doing: A Look at Sentiment and Price originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Yahoo
13-04-2025
- Business
- Yahoo
What the Crowd Is Feeling Vs. What Bitcoin Is Doing: A Look at Sentiment and Price
Right now, we're witnessing one of those rare moments where the crowd's emotions and the market's performance are completely out of sync. According to the Crypto Fear and Greed Index, we are currently in Extreme Fear. The index ranges from 0 to 100, with 0 representing extreme fear and 100 representing extreme greed. On Feb. 28, the reading hit a low of 15—levels that haven't been seen since 2022. This suggests that market participants are more fearful now than they've been in over two years. Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. But here's where things get interesting. Bitcoin is currently trading at $77,042—about 15% higher than it was five months ago, just before the U.S. election. While that's a respectable gain, it's important to note that Bitcoin is still roughly 30% below its all-time high. So despite not being at peak levels, the asset has shown relative strength and resilience. Even so, broader sentiment paints a much different picture—one that feels more like a bear market than a market holding up well. Source: TradingView User NoticeTrades) Trending: BlackRock is calling 2025 the year of alternative assets. That disconnect is exactly what traders and investors should be paying attention to. Fear and Greed metrics are designed to reflect crowd psychology. They aggregate data like volatility, volume, social media trends, and dominance to present a daily snapshot of emotional sentiment in the crypto space. When prices fall, fear tends to spike. When prices rise, greed usually takes over. But when you see fear climbing while price holds above certain levels—that's a signal. It suggests that the average investor is nervous, overleveraged, or emotionally worn out from prior volatility. It may also indicate that the market is no longer being driven by the retail crowd, but rather by institutions and long-term holders with more strategic risk profiles. This is why understanding market structure and volatility is crucial. Sentiment alone can't tell you where price is going—but the divergence between sentiment and price can provide powerful context. When fear is extreme but price is climbing, that can set the stage for explosive continuation moves—especially once that fear begins to the flip side, it can also mean the average investor is overexposed and unprepared for volatility. This often results in poor decision-making—panic selling, FOMO chasing, or freezing up entirely. So what's the takeaway? Don't just follow what people are feeling—watch what the market is doing. Use tools like the Fear and Greed Index not as a guide for prediction, but as a lens for understanding where the crowd's head is at. The best opportunities often lie in those emotional disconnects—when the market says one thing, and the crowd feels another. Read Next:Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets – UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article What the Crowd Is Feeling Vs. What Bitcoin Is Doing: A Look at Sentiment and Price originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Yahoo
26-03-2025
- Business
- Yahoo
Bitcoin price stuck amid market crash worries — Good news, McDonald's memes are back
Bitcoin, the world's largest cryptocurrency has been trading between $85,000 and $88,000 despite bullish moves from some of its biggest supporters. On March 24, MicroStrategy executive chairman Michael Saylor bought the dip — again. In a regulatory filing, the firm (now renamed Strategy) disclosed it purchased 6,911 BTC between March 17 and March 23 for $584.1 million in cash. That brings Strategy's total holdings to 506,137 BTC, now worth $42.8 billion at current prices. Prices jumped 4% on the day of the news, but since then, things have gone quiet. Saylor's move did briefly pump sentiment. The Crypto Fear and Greed Index swung from 'Extreme Fear' to 'Greed' — before slipping back again. But despite the bullish vibes and a flurry of positive headlines, Bitcoin just isn't breaking out. It's left many wondering why. After all, GameStop just opened the door to adding Bitcoin to its corporate treasury, following in the footsteps of Strategy. There are new crypto ETF filings almost every week. Governments are talking about Bitcoin reserves. Even President Donald Trump delivered a 90-second video speech at the Digital Asset Summit in New York on March 20, doubling down on his support for crypto — though he didn't announce any new policies. The Ripple vs SEC saga also came to an end this week, with Ripple agreeing to pay a portion of the fine and drop its appeal. And yes — in true meme fashion — Trump even promoted his own memecoin, TRUMP, over the weekend. Stock markets are shaky, inflation concerns linger, and tariffs announced by Trump's administration are rattling global markets. The Kobeissi Letter flagged a rare signal, 'The S&P 500 and the US Dollar index have declined -6.5% and -3.5%, respectively since January 31st. The last time this happened was in 2008.' QCP Digital added in a note, 'In digital assets, we see scope for BTC to outperform tactically in the near term. In a surprising twist, GameStop (GME) has added BTC to their treasury... the symbolic weight of GME's meme status could rekindle speculative fervour.' McDonald's hats, clown noses, and 'Back to Work' edits are flooding X again — with Bitcoiners jokingly applying for fast food jobs as prices stall. Here are a few of the best: Sign in to access your portfolio
Khaleej Times
27-02-2025
- Business
- Khaleej Times
Where does bitcoin go after more than 20 per cent decline?
Bitcoin, the world's largest cryptocurrency by market capitalisation, has fallen below the $85,000 mark to trade at $83,740 on Thursday as the cryptomarket faces a sell-off pressure. The steep decline is more than 20 per cent from its January peak of $109,350. This is the largest selloff in 2025. Analysts suggest that a combination of factors, including ETF outflows and geopolitical tensions surrounding US trade policies, have contributed to this downturn, with some forecasting a potential drop to $74,000. As of 10:38am, bitcoin's price stood at $84,916.18 (BTC/USD), with a market capitalisation of $1.68 trillion and a 24-hour trading volume of $67.37 billion. The cryptocurrency declined by 4.61% on Wednesday, with a circulating supply of approximately 19.83 million BTC, according to Binance. The recent market turbulence has been fuelled by heightened concerns regarding US trade policies. President Donald Trump's suggestion of imposing tariffs on Canada and Mexico has added to the uncertainty. Although a White House official later clarified that the previous March 2 deadline for tariffs remains in place, the ambiguity has intensified market volatility. In response to reports of a potential 25% tariff on the EU, Bitcoin briefly fell to $82,300, prompting significant liquidations — over 157,000 leveraged traders lost a total of $766 million, with long positions accounting for approximately 80% of these losses, according to Vikram Subburaj, CEO of Giottus. Investor sentiment in the cryptocurrency market has turned markedly cautious. The Crypto Fear and Greed Index has plummeted from a neutral reading of 55 to a fear-driven 21 within a week, reflecting growing anxiety among traders. This sentiment has been further exacerbated by a recent hack of the Bybit exchange and escalating trade tensions. Simon Peters, a crypto analyst at eToro, notes that bitcoin had previously demonstrated resilience until it hit the $92,000 mark, a level that had served as a support point since November 2024. The break below this critical threshold likely triggered a cascade of liquidations, amplifying the downward momentum. 'Historically, bitcoin bull markets often see corrections of 25-35% before establishing a new base for growth. Currently, we are down 20 per cent from our all-time high, and a drop of 35 per cent could see Bitcoin testing levels around $70,000. However, this is not a guaranteed outcome,' Peters explains. Despite the current market turmoil, Peters advises long-term investors to maintain perspective. 'While large price fluctuations can be alarming, such movements are common across asset classes. It's important to remember that Bitcoin remains approximately 70 per cent higher than it was a year ago,' he emphasizes. For investors with available liquidity and a long-term outlook, this correction could be an opportune moment to bolster their bitcoin holdings. The current volatility presents both risks and opportunities, and those who believe in Bitcoin's long-term potential may find value in the lower prices. Cryptocurrency analysts argue that while Bitcoin's recent decline reflects broader market uncertainties and geopolitical tensions, its long-term trajectory remains a subject of interest for many investors. As the cryptocurrency landscape continues to evolve, staying informed and strategically navigating market fluctuations will be crucial for both new and seasoned investors.
