Bitcoin Market Dominated by Fear as Price Reverses to Drop 2.5%

Bitcoin’s Realized Cap Reaches $872 Billion Amid Cautious Market Sentiment and Profit-Taking Concerns

Bitcoin’s (BTC) realized cap has surged to an unprecedented $872 billion, but recent indicators suggest a cautious market sentiment. Despite this record achievement, investor enthusiasm is waning, as shown by

Bitcoin Sentiment Still Close To Extreme Fear—Green Sign For Recovery?

Data shows the Bitcoin sentiment is currently not far from the extreme fear region, something that could be positive for the asset’s recovery. Bitcoin Fear & Greed Index Is Deep Into The Fear Zone The “Fear & Greed Index” is an indicator made by Alternative that tells us about the average sentiment present among the traders in the Bitcoin and wider cryptocurrency markets. The index uses the data of these five factors in order to determine the ma…

Bitcoin Market Dominated by Fear as Price Reverses to Drop 2.5%

Bitcoin index faces fear as price began to decline today

Crypto Market Slips 2.5% Amid Profit Booking, BTC Drops Further as Fed Signals Caution

The cryptocurrency market, which has been growing exponentially over the past few months, underwent a sharp correction in the initial hours of Wednesday as profit selling caused the total market cap to fall by 2.5%. The decrease comes after Tuesday’s robust rally, showing how quickly the trends can reverse in the highly volatile market. With Bitcoin (BTC) still experiencing downward pressure, falling below the $85,000 level, fears of possible re…