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Crypto greed and fear index

Such a metric could help add clarity to traders and give them much-needed insights into the way the market is functioning. Warren Buffett, a trading veteran and prominent figure in the fear and greed discourse , famously said that people should "be fearful when others are greedy and greedy when others are fearful", suggesting a type of backward reading of the index. On the other hand, values below 50 imply a negative market sentiment ranging from Neutral to Extreme Fear. Join the Phase 2! It is the concern and discomfort that they have for the current state of the market.

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We can see that the index hit its lowest point in March , as panic about the coronavirus spread and both financial markets and the crypto markets sold off, including Ethereum, Litecoin, Terra, and Ripple. Ranking Top. Click the button above to copy the widget code to the clipboard. Lower values indicate fearful sentiment, while higher values indicate greedy sentiment. Traditional investors, however, will know the ins and outs of their trade, and will have some education and background to help navigate uncertain and complicated times on the trading floor. A unusual high interaction rate results in a grown public interest in the coin and in our eyes, corresponds to a greedy market behaviour. The crypto market is known for its notoriously volatile behavior.