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Ethereum
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$2,506.54 0.48606
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BNB
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$655.14 1.00014
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Solana
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$154.60 1.18732
Solana price
XRP
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$2.16 2.52623
XRP price
Shiba Inu
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$0.0000128 2.86889
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Pepe
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$0.0000115 3.94592
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Bonk
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$0.0000164 5.31443
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dogwifhat
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$0.847989 2.52763
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Ethereum
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BNB
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$655.14 1.00014
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Solana
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$154.60 1.18732
Solana price
XRP
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$2.16 2.52623
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Shiba Inu
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$0.0000128 2.86889
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Pepe
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$0.0000115 3.94592
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Bonk
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$0.0000164 5.31443
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dogwifhat
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$0.360188 7.64955
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Bitcoin
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$104,162.00 0.83865
Bitcoin price
Ethereum
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$2,506.54 0.48606
Ethereum price
BNB
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$655.14 1.00014
BNB price
Solana
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$154.60 1.18732
Solana price
XRP
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$2.16 2.52623
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000128 2.86889
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000115 3.94592
Pepe price
Bonk
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$0.0000164 5.31443
Bonk price
dogwifhat
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$0.847989 2.52763
dogwifhat price
Popcat
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$0.360188 7.64955
Popcat price

Fear and Greed Index falls back to fear for 1st time since October

Brian Stone
Edited by
News
Fear and Greed Index falls back to fear for 1st time since October

The sharp drop in the price of Bitcoin has led to a significant deterioration in sentiment among cryptocurrency traders.

The Crypto Fear and Greed Index, which reflects the overall emotional background of the crypto market, dropped to 43, the lowest level since last October.

Fear and Greed Index falls back to fear for 1st time since October - 1
Source: Alternative.me

The indicator has moved from the greed zone, where it was just a week ago, to the fear zone, signaling growing investor anxiety. Fear is indicated on the scale by a value from 26 to 46. At these levels, bearish sentiment is assumed to prevail.

Continued capital outflows from U.S. spot ETFs are weighing on the market. The net outflow of funds from the spot Bitcoin ETF for May 1 amounted to a record $564 million — the highest amount since the products launched in January.

However, Santiment analysts remain optimistic about the future of BTC’s price. Experts noted that the market correction was predictable, given the growth in Bitcoin capitalization before the halving. Following the halving at the end of April, investors were buying on rumors and selling on news.

According to analysts, growth in the Bitcoin market in October 2023 and early spring 2024 was caused by high expectations from the halving. However, those who bought BTC at the end of March, when the price was at its all-time high, have been left at a loss.