Greed

2024

Bitcoin

Coin

<ul class="news-points">
 <li><strong>The Fear and Greed Index reads 27 as Fear engulfs the market.&nbsp;</strong></li>
 <li><strong>The German government and Mt. Gox repayments have turned investors bearish.</strong></li>
 <li><strong>Santiment data said that traders have turned more bearish than in a year.</strong></li>
</ul>
<p>The crypto market has been riding a rollercoaster of emotions, swinging between neutral, fear, and greed over the past few weeks as volatility tightens its grip. Major cryptocurrencies have seen double-digit drops, suggesting that investors are cashing in on earlier gains.</p>
<p>According to the “Fear and Greed Index” by <a href="https://alternative.me/crypto/fear-and-greed-index/" target="_blank" rel="noopener noreferrer nofollow">alternative.me</a>, the last time market sentiment reached “Greed” was on June 24, fueled by the approval of spot Bitcoin ETFs by the SEC in January. However, Bitcoin’s subsequent drop to $58,000 from $63,000 quickly turned the mood bearish.</p>
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   <p lang="en" dir="ltr">Bitcoin Fear and Greed Index is 55. Greed<br>Current price: $63,619 <a href="https://t.co/wOt5v5bc5N" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/wOt5v5bc5N</a></p>— Bitcoin Fear and Greed Index (@BitcoinFear) <a href="https://twitter.com/BitcoinFear/status/1805012991991267813?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 23, 2024</a>
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<p>Despite briefly reclaiming the $60,000 mark, the index plunged to 30, signaling “Fear.” July opened to a neutral sentiment but quickly worsened as BTC dipped below $50,000.</p>
<p>The primary culprits behind this “Fear” are the German government’s selling…</p>
<p>The post <a href="https://coinedition.com/how-to-trade-crypto-during-periods-of-extreme-fear-and-greed/" rel="noopener noreferrer nofollow">How to Trade Crypto During Periods of Extreme Fear and Greed</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

How to Trade Crypto During Periods of Extreme Fear and Greed

Coin Edition

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