Bitcoin Investors Have Become Less Fearful After the May Crash

Since the price of BTC crashed by 60%, from $50,000 to $30,000, the general sentiment in investors has come down to neutral levels. In addition, The Fear and Greed index has returned to a less fearful state. The Fear and Greed index is a popular tracking website that calculates multiple data kinds, such as volume, social media, surveys, and volatility. It thereby gives the general feelings of investors in the current landscape of the BTC market. Normalized Sentiments The price…

WMA: FUD Takes Control as Bitcoin Crashes The Market Cap Drops by nearly $1T

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $1,413 trillion. Bitcoin is down by 30% after another public bashing from Elon Musk and China regulators. Ethereum lost almost 47% of its value over the past seven days. XRP is down by 50% and is now trading again below $1. Binance Coin, Polkadot, and many other altcoins are down by 50%. The DeFi…