NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: XRP Price Predictions: AI Forecasts $4.40 By March 2026, Analysts Target Up To $6
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: XRP Price Predictions: AI Forecasts $4.40 By March 2026, Analysts Target Up To $6

Why Extreme Fear Is Back In Crypto In A Big Way

Keshav Verma
Keshav Verma
Last Updated: June 11, 2024 2:25 pm
3 mins read
Crypto Bear

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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:

Crypto Fear And Greed Index

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 August, after the market had earlier been under a long spell of extreme fear.

The indicator almost reached greed values during this optimism buildup, but as the latest rally in Bitcoin died down, so did the investor mentality.

Related Reading: Bitcoin And Ethereum Are Web3 Market Innovators, Could GryffinDAO Be Taking DAO To An Unnoticed & Undervalued Market?

The sentiment quickly fell back deep into fear, and the decline has continued now, taking the value of the index to just 22. This means that the sector is now once again experiencing extreme fear.

The report notes that the sentiment has remained in the fearful region since April now, making it a run of five straight months of fear. Since the fear and greed index was conceived back in February 2018, this stretch of fear has been the longest such run.

BTC Price

At the time of writing, Bitcoin’s price floats around $18.7k, down 8% in the last seven days. Over the past month, the crypto has lost 18% in value.

The below chart shows the trend in the price of the coin over the last five days.

Bitcoin Crypto Price Chart

The value of the crypto seems to have plunged down below the $19k mark for the first time in more than two months | Source: BTCUSD on TradingView
Featured image from Hans-Jurgen Mager on Unsplash.com, charts from TradingView.com, Arcane Research
Tweet123Share196ShareSend
Keshav Verma
Keshav Verma

Keshav Verma

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021.

Read more

Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to.

In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions.

Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true.

Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn’t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment..

Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form.

Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new.

As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money.

Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn’t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs.

Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

btc HYPER

BTC Hyper bo do leta 2026 dosegel 1$

BTC Hyper je v ospredju zanimanja, saj se njegova predprodaja približuje meji 30 milijonov dolarjev. Medtem ko AI napovedi za...

tanjapotocnik 3 hours ago
CoinPoker lanza Fast and Furious en versión online

Fast and Furious: CoinPoker introduce el Seven Deuce Game en su versión online

Recompensas 7-2 gigantes, ritmo frenético y un incremento del 50% en los puntos CoinRaces se combinan para ofrecer un valor...

Jacobo Díaz 4 hours ago
dogecoin-volume-surges-memecoin-liquidity-returns-pepenode-hype-rises

狗狗幣成交量暴增迷因幣資金回流 Pepenode新幣熱度上升

迷因幣市場再度燃起火光。狗狗幣(DOGE)在震盪行情中逆勢放量,過去數日內的成交量多次突破季度新高,引發資金重新回流迷因板塊。當前 DOGE 價格約 0.14 美元,看似平靜,實際上卻有著久違的結構性...

Ter Yim 6 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin

Bitcoin Poised For Lift-Off As Key Bullish Catalysts Kick In: Ex-CEO

Christian Encila 6 minutes ago
Eric Jackson bitcoin price prediction 2041

Bitcoin To Hit $50 Million By 2041, Says EMJ Capital CEO

Jake Simmons 2 hours ago
ChatGPT

ChatGPT napoved cen Ethereuma, XRP in BTC Hyper v letu 2026

tanjapotocnik 3 hours ago

Premium Sponsors

Press Releases

  • イーサリアム 今後 を左右する要因:ウォール街の巨人が支援した技術の正体

    イーサリアム 今後...

    20 hours ago
  • ビットコイン 今後:マレーシアが11億ドル規模の電力窃盗を摘発、BTCは9万ドル台を維持

    ビットコイン...

    20 hours ago
  • シバコイン 今後:バーン率が217%急増する中で価格はどう動くのか

    シバコイン...

    20 hours ago
  • ドージコイン 今後:売り相場でも0.75ドル到達を見込むトレーディング企業の価格見通し

    ドージコイン...

    20 hours ago
  • リップル 今後:1億ドル規模のXRPがバイナンスへ移動、2.22ドルの抵抗線が依然として重くのしかかる

    リップル...

    20 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.