{"id":419504,"date":"2020-03-30T17:00:24","date_gmt":"2020-03-30T17:00:24","guid":{"rendered":"https:\/\/ktsl888.com\/?p=419504"},"modified":"2020-03-30T14:53:42","modified_gmt":"2020-03-30T14:53:42","slug":"crypto-market-reaches-longest-stretch-of-extreme-fear-in-over-a-year","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/crypto-market-reaches-longest-stretch-of-extreme-fear-in-over-a-year\/","title":{"rendered":"Crypto Market Reaches Longest Stretch of Extreme Fear In Over A Year"},"content":{"rendered":"
Bitcoin<\/a> and the rest of the crypto market has since staged a strong recovery following the massive, record-breaking crash caused by coronavirus fears spilling into financial markets earlier this month.<\/span><\/p>\n But despite crypto prices continuing to climb, the Fear and Greed Index shows that sentiment is still in the gutter. In fact, the sentiment measuring index has now reached the longest stretch of extreme fear in the cryptocurrency market since the tool was first launched.<\/span><\/p>\n In early March, as the coronavirus was officially dubbed a pandemic and first began to shut down the global economy, the stock market, precious metals, and cryptocurrencies all suffered an extreme selloff<\/a>.<\/span><\/p>\n The stock market saw the largest losses since 1987, silver had its value set back decades, and Bitcoin<\/a> and other cryptocurrencies all fell by 40% or more.<\/span><\/p>\n Related Reading | How Fear and Greed in the Crypto Market Can Lead To Incredible Profit\u00a0<\/a><\/strong><\/em><\/p>\n The entire world fell into a state of panic almost overnight, and the prices of assets everywhere reflected the fearful sentiment.<\/span><\/p>\n Following the selloff, the cryptocurrency market Fear and Greed Index, fell to lows, indicating that investor sentiment was in extreme fear<\/a>.<\/span><\/p>\n <\/p>\n Many old adages and quotes reminder investors that when things get scariest, it\u2019s often the time to buy. Baron Rothschild and the Oracle of Omaha himself, Warren Buffett have coined such phrases<\/a>.<\/span><\/p>\n It\u2019s clear someone out there was buying the extreme fear in the market \u2013 blood in the streets \u2013 as Bitcoin<\/a> price rallied from a low of $3,800 to over $7,000 before a pullback.<\/span><\/p>\n But the first-ever crypto-asset nearly doubling in price following the recent catastrophic collapse has done very little to ease the minds of crypto investors<\/a> who are still in a state of panic.<\/span><\/p>\n According to the Crypto Fear and Greed Index<\/a>, not only is the market still in extreme fear, but it\u2019s now spent the longest stretch of time at such peak emotion.<\/span><\/p>\nExtreme Fear Continues to Crush Markets Amidst Coronavirus Outbreak<\/h2>\n
Crypto Fear and Greed Index Reaches Longest Stretch of Extreme Sentiment Yet<\/h2>\n