Crypto markets continued a second day of slide on Friday as bitcoin hovered above pivotal support at $40,000 in European hours shauryamalwa reports
Crypto markets continued a second day of slide on Friday as bitcoin hovered above pivotal support at $40,000 in European hours, data show.Bitcoin is trading near the $40,000 support level, which runs through the lows of the first three months of the year. Current price action is, however, a sign of alarm among some traders.
, a popular sentiment indicator that's hosted on the website Alternative.me, suggested “extreme fear” among crypto investors on Friday, with a reading at 22. That's down from last week’s “fear” reading of 37.
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