Bitcoin And Crypto Sentiment Is Now Sitting At Worst Levels Since February, I...
Sentiment across the cryptocurrency market has sunk to its weakest point since February after a sharp sell-off pushed Bitcoin below the $100,000 psychological support level. The downturn has fed directly into investor emotions, dragging the Fear & Greed Index to 15, a reading deep within the Extreme Fear zone. The entire crypto market is now […]
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Strong hands have now bought up practically all the supply from those who bought BTC at November's all-time highs and since capitulated. Bitcoin (BTC) is "looking pretty good" as the week progresses as bulls line up challenges for several significant resistance levels.In an update to Telegram subscribers on Mar. 2, Filbfilb, an analyst at trading suite Decentrader, joined increasingly bullish sentiment around the outlook for BTC/USD.Trader focuses on levels above $40,000After surprising the market with a breakout Monday, Bitcoin has risen to challenge February highs. While so far not....
Yearn.finance (YFI), the decentralized finance (DeFi) darling that led the DeFi market upsurge in the third quarter, is stagnating. Technical analysts are now considering the worst possible scenario for the DeFi giant. A pseudonymous DeFi trader known as Aaron, who created Tokenviz, says YFI is currently sitting on a major support area. “Here’s my worst […]
Crypto market sentiment has dropped into the far negative once more. This has been one in the making ever since the Terra crash had begun and investors had scrambled to leave the market. A culmination of this and speculations that the market is headed into one of the longest bear trends ever recorded has now seen sentiment fall to levels not recorded since 2020. In The Extreme Fear Region Now, the crypto market sentiment has not been positive for a while. Most of the last two months have been spent in the fear territory and April had closed out in extreme fear. Nevertheless, the scores on....
Bitcoin has been on the rise again with positive sentiment returning after Donald Trump revealed plans to reduce tariffs on China. This suggests that an end to the tariff wars which began in January 2025 could be drawing to an end. Taking this as a sign, Bitcoin whales have begun to make moves once again. So far, they have bought almost 20,000 BTC, with BTC exchange outflows rising to levels not seen in over two years. Bitcoin Exchange Outflows Reach February 2023 Levels According to the on-chain data tracking platform CryptoQuant, more BTC has been flowing out of exchanges at levels that....
In the wake of the FTX decline, the official token of the crypto exchange, FTT Token, has suffered a massive blow in the market. In the three days since Binance’s announced its intention to sell off its FTT, the token has recorded double-digit losses. However, the losses have not just been localized to one token, the general crypto market has suffered for it, but the worst of it has been reserved for the tokens Alameda Research has invested in. FTT Token Slumps In what has been a shocking development for the entire crypto space at large, FTT Token has crashed more than 80% in a matter of....