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‘Extreme fear’ grips crypto after Goldman, Morgan Stanley warnings

‘Extreme fear’ grips crypto after Goldman, Morgan Stanley warnings

Major warnings from the largest traditional finance banks sends crypto markets in shockwaves.

By Mehab Quresh, The Street 

The crypto market has plunged into a range of “Extreme Fear” conditions only weeks after hitting fresh highs.

The global crypto market cap now stands at $3.62 trillion, with Bitcoin trading near $104,343, down 3% over 24 hours and Ethereum near $3,509, down 5.2%

The widely followed Fear & Greed index reads just 21, a level signifying near-panic.

More here > 

This post was originally published on this site

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