Low Volatility Crypto Market Supplies Surprisingly Stable State Of Fear

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	1,253,804,950,549	SHA-256d

Name

Symbol

Market

Market Cap ($)

Algorithm

Bitcoin

BTCUSD

Crypto

1,253,804,950,549

SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-114.50	-0.18%	63,884.54	63,884.53	63,884.54

Price Change

Price Change %

Current Price

Bid Price

Offer

-114.50

-0.18%

63,884.54

63,884.53

63,884.54

High Price	Low Price	Open Price	Prev. Close	52 Week Range
64,500.00	63,713.84	64,114.85	63,999.08	24,750.00 - 73,835.57

High Price

Low Price

Open Price

Prev. Close

52 Week Range

64,500.00

63,713.84

64,114.85

63,999.08

24,750.00 - 73,835.57

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	04:50:00	0.001570	63,884.55	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

04:50:00

0.001570

63,884.55

USD

Price x Volume	Volume	Base Symbol	Related Pairs
67,234,795.71	1,047.93	BTC	BTCEUR	BTCGBP	ETHBTC

Price x Volume

Volume

Base Symbol

Related Pairs

67,234,795.71

1,047.93

Low Volatility Crypto Market Supplies Surprisingly Stable State Of Fear

05/10/2022 8:00pm

NEWSBTC

Data shows the crypto market has remained in a state of extreme fear recently despite the Bitcoin volatility being quite low. Crypto Fear And Greed Index Continues To Point At “Extreme Fear” As per the latest weekly report from Arcane Research, investors in the cryptocurrency sector have remained extremely fearful since late August. The “fear and greed index” is an indicator that tells us about the current sentiment among participants in the crypto market. The metric makes use of a numeric scale that runs from zero to hundred for representing this sentiment. All values above 50 mark periods of greed, while those below the threshold suggest fear among the investors. At values towards either end of the range, that is those above 75 and below 25, occur mentalities of “extreme greed” and “extreme fear.” Now, here is a chart that shows the trend in the crypto fear and greed index over the last year. The value of the metric seems to have not changed much in recent days | Source: Arcane Research's The Weekly Update - Week 39, 2022 As you can see in the above graph, the crypto fear and greed index has a value of 20 at the moment, implying the market is extremely fearful. This is a continuation of an extreme fear streak that started more than one month ago, back during late August. Historically, investors have usually maintained fearful sentiments during periods of high volatility in coins such as Bitcoin, while stretches of low volatility have accompanied times of greed. Related Reading: What Does Puell Multiple Say About Current Bitcoin Bear? However, while this recent run of extreme fear took place, the price of BTC mostly stayed constant around the $19k mark. The below graph shows how unusually low the volatility has been for the coin recently. Looks like the Bitcoin volatility has plunged down in the past week | Source: Arcane Research's The Weekly Update - Week 39, 2022 The report notes that the crypto market investors having such a rock-bottom sentiment while the BTC volatility has also been low suggests there is an innate fear among the participants that the worst of the bear market hasn’t passed over yet. Related Reading: Oryen Network (ORY), Bitcoin Gold (BTG), PAX Gold (PAXG) And Tether Gold (XAUT) Will Turn 2023 Into A Golden Year BTC Price At the time of writing, Bitcoin’s price floats around $20k, up 5% in the past week. Over the last month, the crypto has gained 1% in value. The below chart shows the trend in the price of the coin over the past five days. The value of the crypto seems to have shot up over the last couple of days | Source: BTCUSD on TradingView Featured image from Rudi De Meyer on Unsplash.com, charts from TradingView.com, Arcane Research

Market Data

News

Trading Tools

Markets

Discover

Hot Features

Follow Feed

Options Flow

Monitor

BTCUSD Bitcoin