Data shows the crypto market has once again sunk back down into a state of extreme fear after showing some signs of improvement during the last couple of months. Crypto Fear And Greed Index Says Market Is Extremely Fearful Right Now As per the latest weekly report from Arcane Research, the market has now observed fearful sentiment for five months without a break. The “fear and greed index” is an indicator that tells us about the general sentiment among investors in the crypto market. The metric uses a numeric scale that runs from zero to hundred for displaying this sentiment. All values above 50 signify that investors are greedy right now, while those below the threshold suggest a fearful market. End range values of more than 75 and less than 25 represent sentiments of “extreme greed” and “extreme fear,” respectively. Historically, tops in coins like Bitcoin have formed while the investors have gone through extreme greed, while bottoms have taken place in periods with extreme fear. Related Reading: Bitcoin Diamond Hands: Long-Term Holder Supply Surges Up To Near ATH Now, here is a chart that shows the trend in the crypto fear and greed index over the past year: Looks like the value of the metric has gone down in recent days | Source: Arcane Research's The Weekly Update - Week 35, 2022 As you can see in the above graph, the crypto fear and greed index had been recovering during July and ...
