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Crypto 'Fear & Greed' Index Is Latest Talisman For Bitcoin Fans
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ndtv.comBitcoin scaled a record high of almost $69,000 last month.
New Delhi: A group of indefatigable Bitcoin investors aren't going to let Saturday's 21% plunge, in the span of a few hours, curb their enthusiasm.
They're now promoting a “Fear & Greed” index via Twitter and other social media to justify their claim that the recent drop in prices is actually a great opportunity to get on the Bitcoin bandwagon.
Bitcoin Fear Index. It's a Buy Buy Buy. pic.twitter.com/pcJVQNdPGg
In traditional markets, Fear-Greed measures are a gauge of investor sentiment based on factors such as volatility, momentum and demand. The crypto version — developed by alternative.me — seeks to establish if traders are too bullish (represented by Greed) or bearish (Fear), and
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