#ArbitrageTandingStrategy Cryptocurrency markets are highly speculative, and market movements are often dictated by sentiment instead of fundamental factors. A popular way to measure sentiment in the cryptocurrency market is the Bitcoin Fear & Greed Index, which uses factors such as trading volume, price volatility, social sentiment and more to estimate how investors are feeling about the cryptocurrency market.
If investors are exhibiting a lot of greed, it's worth considering whether the market is overextended and due for a correction. When fear is the dominant sentiment in the market, on the other hand, there can be good opportunities for buying.
Besides the Fear & Greed index, crypto investors also use other popular tools like the Bitcoin Rainbow Chart to estimate whether Bitcoin is overvalued or undervalued. This can also be useful for people who are interested in altcoins, as altcoins often follow the price movements of Bitcoin.
CNN :Stablecoins are on the verge of going mainstream, analysts say, as a landmark regulatory bill makes its way through Congress.
The Senate is deliberating the GENIUS Act, which would provide a framework for regulating stablecoins. The bill last week passed a major procedural hurdle in the Senate after initial resistance from some Democrats.