Crypto Fear and Greed Index Shows Market Sentiment Remains Fearful

After the Crypto Fear and Greed Index (CFGI) dropped to significant lows and pointed to “extreme fear” in crypto markets at the end of May, and throughout most of June, today the CFGI rating is still in the “fear” zone, but it has seen an improvement. On June 19, the CFGI rating tapped a low score of 6 which means “extreme fear,” and 61 days or two months later, the CFGI rating now shows a score of 33 or “fear.” CFGI Ranking Score Shows Crypto Winter Continues to Keep Investor…

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70 to 90% Down — Crypto Economy’s Decline Shakes Out $2 Trillion in 8 Months

During the past eight months, crypto assets have shed enormous value against fiat currencies like the U.S. dollar. Bitcoin has shed 69% since the leading crypto asset’s all-time high on November 10, 2021, when the digital currency’s value tapped $69K per unit. The crypto economy has seen some healing as the market capitalization of all 13,413 tokens in existence is hovering just below the $1 trillion mark. Today’s Top 10 Crypto Assets Have Lost 70 to 90% in USD Value At the time of writing the entire crypto-economy is worth…

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