Crypto market sentiment is the mood and attitude of the crypto investors and traders. It can affect the price movements and trends of various cryptocurrencies. You can use different tools to measure the crypto market sentiment and use it to improve your decisions. Here are some examples:
- The Crypto Fear and Greed Index by Alternative.me shows how fearful or greedy the market is based on seven factors, such as volatility.
- The cryptocurrency prices by CoinMarketCap and CoinGecko show the live prices, market caps, and trading volumes of various cryptocurrencies, such as BTC. The prices reflect the supply and demand of the market
Don't rely on sentiment alone, but use it as a tool to complement your own strategy.
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