Despite the relative resilience of the market and volatility decrease, crypto Fear and Greed Index shows fearfulness of investors
of the chart shows such periods do not last long. A significant drop in volatility on the market is a great condition to calm down investors who have been selling most of their assets during the storm in panic, causing the state of"Extreme Fear." But the low volatility is temporary, and, according to corresponding indicators and factors, the market is more likely to drop further down rather than bounce with the next volatility spike.
At press time, Bitcoin is trading at $17,159 and showing the lowest intraday volatility we have seen in the last two months.Arman Shirinyan is a trader, crypto enthusiast and SMM expert with more than four years of experience. Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future. Currently, he focuses on news, articles with deep analysis of crypto projects and technical analysis of cryptocurrency trading pairs.
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