Before the FED decision, we observed that sales in cryptocurrencies increased along with traditional markets. While many altcoins traded with losses of up to 10% in the last 24 hours, some of them managed to diverge positively from the market.
According to CoinmarketCap data, the top 100 cryptocurrencies and the most profitable altcoins in terms of change in the last 24 hours are:
Maker (MKR) + 32%
Arweave (AR) + 31%
The Sandbox (SAND) +27%
Telcoin (TEL) + 17%
Kadena (KDA) + 16%
Serum (SRM) + 14%
Fade (LEFT) + 11%
Amp (AMP) + 11%
Avalanche (AVAX) + 8%
Cryptocurrency markets remain extremely greedy, according to the fear and greed index, which was last measured three hours ago. For the continuation of the rise, it is important that this index remains in a greedy position without falling into the fear zone.
Towards the end of the bull markets, we can see that this data goes up to the 95-96s. At that point, it would be useful to be careful with Bitcoin and altcoins. For now, we see that the market is not overheating.
You can follow the Fear and Greed index on our website by clicking here.
Fear and Greed index; It is calculated based on the trends of market volatility, market volume acceleration, social media attention, Bitcoin dominance graph and types of research on cryptocurrencies on the internet, of a popular analysis company that tries to measure the emotional reflexes of crypto money investors.