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NewsBTC 2022-09-28 19:00:28

2022: The Year Extreme Fear Took Over The Crypto Market

The year 2022 so far has seen the crypto market spend most of its time in the fear territory, with a large chunk of it being especially deep into extreme fear. Crypto Fear And Greed Index Continues To Point At “Extreme Fear” According to the latest weekly report from Arcane Research, the market has continued to be fearful without any breaks for 178 days now. The “fear and greed index” is an indicator that tells us about the general sentiment among investors in the crypto sector. The metric uses a numeric scale that runs from zero to hundred for representing this sentiment. All values above 50 signify that investors are greedy right now, while those below the threshold suggest a fearful market. Values of more than 75 and less than 25 towards the ends of the range imply sentiments of “extreme greed” and “extreme fear,” respectively. Now, here is a chart that shows the trend in the crypto fear and greed index over the past year: The value of the metric remains quite low | Source: Arcane Research's The Weekly Update - Week 38, 2022 As you can see in the above graph, the crypto fear and greed index has continued to be at a low value in recent weeks. The current value of the indicator is 20, which means the market sentiment is that of extreme fear at the moment. Related Reading: Bitcoin 90-Day CDD Hits All-Time Low, What Does It Say About Market? In total, the investors have been ...

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