Meanwhile, total liquidations have topped $280M in the last 12 hours as crypto market sentiment has turned more fearful.
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Meanwhile, total liquidations have topped $280M in the last 12 hours as crypto market sentiment has turned more fearful.
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Bitcoin’s huge price surge in January has meant that 64% of Bitcoin investors are in profit, according to data from IntoTheBlock.
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The selling pressure in the Bitcoin market is not as bad as it was during the Terra and Three Arrows Capital crises.
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Analysts across crypto and traditional stocks have taken notice of the similarities between what happened in March 2020 and market moves so far this month.
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The Bitcoin market appears to be retracing the gains it has made since January as whales may be exiting and selling on centralized exchanges according to Glassnode.
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USD runs the show behind the scenes as the Easter weekend sparks pain for Bitcoin bulls.
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While many analysts believe Bitcoin is destined for six-figures if support at $40,000 can hold up, others are predicting an imminent bear cycle.
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The clash of two emotions, fear and greed, is said to determine investors’ sentiment. This ratio draws a historical picture of the market and it’s also an indicator of its future state. As an established trend, traditional investments such as stocks and digital assets like cryptocurrencies often move in opposite directions. The beginning of 2020 […]
The post Fear Grips Stock Market Traders While Cryptocurrency Investors Become Greedy appeared first on Bitcoin News.
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