🚨 Market Update: Extreme Fear is Here! 📉 The crypto market is currently witnessing intense volatility. Today's Fear & Greed Index has plummeted to a score of 5, signaling a state of "Extreme Fear" among investors. 📊 Historical Index Data: Today: 5 (Extreme Fear) 🔴 Yesterday: 11 (Extreme Fear) 🔴 Last Week: 28 (Fear) 🟠 Last Month: 49 (Neutral) 🟡 💡 What does this mean? When the index hits such low levels (Yearly Low: 5), it indicates that retail investors are panic selling out of uncertainty. Historically, "Extreme Fear" periods have often marked potential bottoming-out zones, offering a "Buy the Dip" opportunity for long-term players. 📈 Current Market Overview: Total Market Cap: $2,358.02B (+2.85%) 24H Trading Volume: $302.58B (+32.33%) 📢 My Strategy & Advice: Avoid Panic Selling: Don't let emotions drive your trades. HODL Strong: Stick to your conviction on fundamentally strong projects. DCA Opportunity: If you have spare liquidity, consider Dollar Cost Averaging (DCA). Think Different: Huge profits are often made when the market is bleeding red. "Be fearful when others are greedy, and greedy when others are fearful." — Warren Buffett. As always, DYOR (Do Your Own Research) before making any moves. Stay tuned for more updates! 🔔 By: CRYPTO SANUAR #CryptoUpdate #FearAndGreed #TradingTips #Bitcoin #MarketAnalysis #HODL #BinanceSquare #CryptoSanuar $BTC $ETH $BNB
Binance Market Update: Top Stories 21 October 2024 The global crypto market cap is $2.36T, a 0.71% increase over the last day, according to CoinMarketCap data. Bitcoin (BTC) was traded between $68,198 and $69,520 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $68,316, down by 0.12%. Most major cryptocurrencies by market cap are trading higher. Market outperformers include ARPA, ALPHA, and PERP, up by 43%, 31%, and 28%, respectively. $ARPA $ALPHA $PERP