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Tag: Plunged

Discover Why Bitcoin's Fear & Greed Index Plunged to 17 in Market Downturn

Discover Why Bitcoin's Fear & Greed Index Plunged to 17 in Market Downturn

In a tumultuous weekend that extended its shadow into the opening of Wall Street, Japanese markets have significantly influenced bitcoin, setting a tone of apprehension amidst investors The recent trading session saw bitcoin dip to a value of $49,200, as per CoinMarketCap data This market sentiment is not insulated, as it resonates with broader concerns over potential global conflicts and an atmosphere thick with the dread of a third world war, leading to a widespread panic among US investors and a wavering confidence in market stability Heightened Anxiety Among bitcoin Traders Insights from Alternative me reveal a palpable tension, with the bitcoin Fear and Greed Index plummeting to 17, indicating an environment of "Extreme Fear"...

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