Week 3 Crypto Market Update: BTC, ETH, ADA, FTM, and DOGE
It was quite an eventful week for the crypto market, wasn’t it! While the broader space was buoyed by the strength displayed by some significant crypto players, last week was all about Rio De Janeiro’s pro-crypto stance, talks regarding an open-source mining setup for Bitcoin, and the resurgence of DAOs.
And while the market didn’t pull out all the punches, it held up reasonably well compared to the past few weeks.
Conversion Standard- 1$ = $80.38
Fear-Greed Index: Stagnant
The global crypto market hasn’t moved much regarding volatility, dominance, and positive sentiments compared to Week 2. The F&G index seems stuck at 22 (Was at 23 in Week 2), which signifies extreme fear in the market.
And while the market volume has improved significantly, investors are still maintaining a cautionary stance. Quite rightly so!
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