{"id":466053,"date":"2021-06-22T17:45:10","date_gmt":"2021-06-22T17:45:10","guid":{"rendered":"https:\/\/uniquehot.com\/?p=466053"},"modified":"2024-06-11T12:12:37","modified_gmt":"2024-06-11T12:12:37","slug":"extreme-fear-in-crypto-markett","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/extreme-fear-in-crypto-markett\/","title":{"rendered":"Extreme Fear In Crypto Market, Is It Time To Buy The Blood In Bitcoin?"},"content":{"rendered":"

The past week has been a brutal one for bitcoin and crypto in general. The market has taken hit after hit. So much so that it\u2019s starting to seem like there is no end in sight. Coins have been falling at high percentages. It brings back a popular saying in the financial markets; \u201cthere\u2019s blood in the streets.\u201d<\/p>\n

Investors have been reacting to this negatively. The Arcane Research Fear & Greed Index has moved back into extreme fear. Going down to the lowest it has ever been this year.<\/p>\n

\"Fear<\/p>\n

Fear & Greed Index down to 10 into extreme fear | Source: Fear & Greed Index on Arcane Research<\/a><\/pre>\n
The Index currently sits at 10 in extreme fear. This means that investors are scared to put their money in the market. With no more money going into the market, the prices will go down. And we will see even redder charts.<\/p>\n
Time To Buy The Blood?<\/h2>\n
\u201cBuy the dip\u201d is a popular saying in the crypto space. People are encouraged to buy coins when there has been a massive downturn in the price. Quoting this as being the best time to get into the market. But what happens when a dip goes past just being a dip into full-blown bleeding?<\/p>\n
With red charts and downward-facing arrows, the market looks like it is bleeding. With massive liquidations going on and not as much faith in the digital assets anymore, the crypto market valuation is down.<\/p>\n
Related Reading |\u00a0Will A Large Spike In Bullish Sentiment Translate To A Bitcoin Rally?<\/a><\/strong><\/em><\/p>\n
It is always best to buy assets when there is \u201cblood in the streets.\u201d People are wary of the market. Weak hands are pulling out, dragging the price down. And that is when the long-term hodlers come out to play.<\/p>\n
There is never any definite way to tell where exactly the market will bottom out. But a good indication is when assets are down so much that people are scared to buy back in. A time where it seems like the coins will never recover and that is the best time to buy.<\/p>\n
Is There A Market Recovery On The Horizon?<\/h2>\n
A trend in the market has usually been massive dips are followed by good recoveries. People buy assets that are down a significant amount in hopes that they will make a profit when it recovers.<\/p>\n
\"Total<\/p>\n
Total market capitalization less than 50% ATH | Source: Total Market Cap on TradingView.com<\/a><\/pre>\n
With institutional investors still holding on to their bitcoins, it looks that they still have hope in the market.<\/p>\n
MicroStrategy recently bought an additional $500 million worth of bitcoins to add to its growing portfolio. Goldman Sachs had ramped up its bitcoin trading activities by partnering up with Galaxy Capital. All good-faith moves in the market.<\/p>\n
But with the hash rate hitting record lows and the number of bitcoin mined in a day dropping, it could be that the market is headed for a bear market.<\/p>\n
In that case, investors might be headed for a long waiting period. As the crypto bear markets are notorious for being painfully long. Lasting years at a time.<\/p>\n
But there is just as much of a chance for recovery as there is for a total bear market.<\/p>\n
Related Reading |\u00a0More Than $1 Billion In Crypto Positions Liquidated In Overnight Bloodbath<\/a><\/strong><\/em><\/p>\n
It will not be the first time that the market has pulled ahead after massive downturns. A lot of investors see the falling prices as a chance to buy back in. And more money goes back into the market, so does more faith return. Increasing the valuation of the assets.<\/p>\n
Bitcoin has fallen below $30k. Less than half its all-time high. A crucial hold point for the asset.<\/p>\n
Ethereum has fallen below $2k.<\/p>\n
The total market valuation now sits at $1.21 trillion. Less than 50% from its highest market valuation of $2.4 trillion.<\/p>\n
Featured image from Cointelegraph, Fear & Greed Index from Arcane Research, crypto chart from TradingView.com<\/pre>\n","protected":false},"excerpt":{"rendered":"
The past week has been a brutal one for bitcoin and crypto in general. The market has taken hit after hit. So much so that it\u2019s starting to seem like there is no end in sight. Coins have been falling at high percentages. It brings back a popular saying in the financial markets; \u201cthere\u2019s blood in the streets.\u201d Investors have been reacting to this negatively. The Arcane Research Fear & Greed Index has moved back into extreme fear. Going down to the lowest it has ever been this year. Fear & Greed Index down to 10 into extreme fear | Source: Fear & Greed Index on Arcane Research The Index currently sits at 10 in extreme fear. This means that investors are scared to put their money in the market. With no more money going into the market, the prices will go down. And we will see even redder charts. Time To Buy The Blood? \u201cBuy the dip\u201d is a popular saying in the crypto space. People are encouraged to buy coins when there has been a massive downturn in the price. Quoting this as being the best time to get into the market. But what happens when a dip goes past just being a dip into full-blown bleeding? With red charts and downward-facing arrows, the market looks like it is bleeding. With massive liquidations going on and not as much faith in the digital assets anymore, the crypto market valuation is down. Related Reading |\u00a0Will A Large Spike In Bullish Sentiment Translate To A Bitcoin Rally? It is always best to buy assets when there is \u201cblood in the streets.\u201d People are wary of the market. Weak hands are pulling out, dragging the price down. And that is when the long-term hodlers come out to play. There is never any definite way to tell where exactly the market will bottom out. But a good indication is when assets are down so much that people are scared to buy back in. A time where it seems like the coins will never recover and that is the best time to buy. Is There A Market Recovery On The Horizon? A trend in the market has usually been massive dips are followed by good recoveries. People buy assets that are down a significant amount in hopes that they will make a profit when it recovers. Total market capitalization less than 50% ATH | Source: Total Market Cap on TradingView.com With institutional investors still holding on to their bitcoins, it looks that they still have hope in the market. MicroStrategy recently bought an additional $500 million worth of bitcoins to add to its growing portfolio. Goldman Sachs had ramped up its bitcoin trading activities by partnering up with Galaxy Capital. All good-faith moves in the market. But with the hash rate hitting record lows and the number of bitcoin mined in a day dropping, it could be that the market is headed for a bear market. In that case, investors might be headed for a long waiting period. As the crypto bear markets are notorious for being painfully long. Lasting years at a time. But there is just as much of a chance for recovery as there is for a total bear market. Related Reading |\u00a0More Than $1 Billion In Crypto Positions Liquidated In Overnight Bloodbath It will not be the first time that the market has pulled ahead after massive downturns. A lot of investors see the falling prices as a chance to buy back in. And more money goes back into the market, so does more faith return. Increasing the valuation of the assets. Bitcoin has fallen below $30k. Less than half its all-time high. A crucial hold point for the asset. Ethereum has fallen below $2k. The total market valuation now sits at $1.21 trillion. Less than 50% from its highest market valuation of $2.4 trillion. Featured image from Cointelegraph, Fear & Greed Index from Arcane Research, crypto chart from TradingView.com<\/p>\n","protected":false},"author":541,"featured_media":466055,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[83652,428,1119,1144,78790,6664,79520,79589],"class_list":["post-466053","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-arcane-research","tag-bitcoin","tag-btc","tag-btcusd","tag-btcusdt","tag-crypto","tag-xbtcusd","tag-xbtusd-btcusdt"],"acf":[],"yoast_head":"\nExtreme Fear In Crypto Market, Is It Time To Buy The Blood In Bitcoin?<\/title>\n<meta name=\"description\" content=\"The past week has been a brutal one for bitcoin and crypto in general. The market has taken hit after hit. So much so that it\u2019s starting to seem like\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/extreme-fear-in-crypto-markett\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Extreme Fear In Crypto Market, Is It Time To Buy The Blood In Bitcoin?\" \/>\n<meta property=\"og:description\" content=\"The past week has been a brutal one for bitcoin and crypto in general. The market has taken hit after hit. So much so that it\u2019s starting to seem like\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/extreme-fear-in-crypto-markett\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-22T17:45:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T12:12:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2021\/06\/bitcoin-fear.jpeg?fit=1434%2C955\" \/>\n\t<meta property=\"og:image:width\" content=\"1434\" \/>\n\t<meta property=\"og:image:height\" content=\"955\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Best Owie\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/BestOwie\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Best Owie\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/uniquehot.com\/news\/extreme-fear-in-crypto-markett\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/extreme-fear-in-crypto-markett\/\"},\"author\":{\"name\":\"Best Owie\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d\"},\"headline\":\"Extreme Fear In Crypto Market, Is It Time To Buy The Blood In Bitcoin?\",\"datePublished\":\"2021-06-22T17:45:10+00:00\",\"dateModified\":\"2024-06-11T12:12:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/extreme-fear-in-crypto-markett\/\"},\"wordCount\":623,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/extreme-fear-in-crypto-markett\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2021\/06\/bitcoin-fear.jpeg?fit=1434%2C955\",\"keywords\":[\"arcane research\",\"bitcoin\",\"btc\",\"btcusd\",\"BTCUSDT\",\"crypto\",\"xbtcusd\",\"xbtusd. btcusdt\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/news\/extreme-fear-in-crypto-markett\/\",\"url\":\"https:\/\/uniquehot.com\/news\/extreme-fear-in-crypto-markett\/\",\"name\":\"Extreme Fear In Crypto Market, Is It Time To Buy The Blood In Bitcoin?\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/extreme-fear-in-crypto-markett\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/extreme-fear-in-crypto-markett\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2021\/06\/bitcoin-fear.jpeg?fit=1434%2C955\",\"datePublished\":\"2021-06-22T17:45:10+00:00\",\"dateModified\":\"2024-06-11T12:12:37+00:00\",\"description\":\"The past week has been a brutal one for bitcoin and crypto in general. The market has taken hit after hit. So much so that it\u2019s starting to seem like\",\"breadcrumb\":{\"@id\":\"https:\/\/uniquehot.com\/news\/extreme-fear-in-crypto-markett\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uniquehot.com\/news\/extreme-fear-in-crypto-markett\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/news\/extreme-fear-in-crypto-markett\/#primaryimage\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2021\/06\/bitcoin-fear.jpeg?fit=1434%2C955\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2021\/06\/bitcoin-fear.jpeg?fit=1434%2C955\",\"width\":1434,\"height\":955,\"caption\":\"Bitcoin in a comet of red market spikes\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uniquehot.com\/news\/extreme-fear-in-crypto-markett\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Extreme Fear In Crypto Market, Is It Time To Buy The Blood In Bitcoin?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uniquehot.com\/#website\",\"url\":\"https:\/\/uniquehot.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/uniquehot.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/uniquehot.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/uniquehot.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d\",\"name\":\"Best Owie\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g\",\"caption\":\"Best Owie\"},\"description\":\"Best Owie is a seasoned managing editor with a wealth of experience currently serving as the Managing Editor at NewsBTC. Best is a highly skilled professional with a track record of producing engaging and informative content. With a keen eye for detail and a passion for accuracy, Best is committed to ensuring that each article published meets the highest standards of quality. Best has over six years of experience in the crypto industry and has overseen the creation and publishing of thousands of articles over the years. Best is always abreast of everything that is going on in the crypto industry in order to create and curate the most relevant content for readers. This shines through in Best\u2019s publications, which are always clear and concise, enabling easy reading and understanding for all. Best is also an avid learner and advocate for new technology. This has seen Best dive into topics in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), Layer 2 blockchains, etc. In addition to this, Best is a vocal member of the crypto community across various social media platforms such as X and Reddit. Best\u2019s work garners tens of thousands of readers monthly, who rely on the information in these publications to keep up-to-date with everything happening in the crypto community. Best\u2019s articles explore breaking news, intricate systems such as yield farming, liquidity pools, and other decentralized finance (DeFi) systems. This is because Best understands the importance of information to gaining financial freedom and believes that everyone should have access to this information. Best also believes in leveraging the blockchain for philanthropy to create the most positive social impact. This involves work with charitable organizations focused on financial literacy and education. With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/BestOwie\"],\"url\":\"https:\/\/uniquehot.com\/author\/owiebest\/\"}]}<\/script>\n","yoast_head_json":{"title":"Extreme Fear In Crypto Market, Is It Time To Buy The Blood In Bitcoin?","description":"The past week has been a brutal one for bitcoin and crypto in general. The market has taken hit after hit. So much so that it\u2019s starting to seem like","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uniquehot.com\/news\/extreme-fear-in-crypto-markett\/","og_locale":"en_US","og_type":"article","og_title":"Extreme Fear In Crypto Market, Is It Time To Buy The Blood In Bitcoin?","og_description":"The past week has been a brutal one for bitcoin and crypto in general. The market has taken hit after hit. So much so that it\u2019s starting to seem like","og_url":"https:\/\/uniquehot.com\/news\/extreme-fear-in-crypto-markett\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2021-06-22T17:45:10+00:00","article_modified_time":"2024-06-11T12:12:37+00:00","og_image":[{"width":1434,"height":955,"url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2021\/06\/bitcoin-fear.jpeg?fit=1434%2C955","type":"image\/jpeg"}],"author":"Best Owie","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/BestOwie","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Best Owie","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/uniquehot.com\/news\/extreme-fear-in-crypto-markett\/#article","isPartOf":{"@id":"https:\/\/uniquehot.com\/news\/extreme-fear-in-crypto-markett\/"},"author":{"name":"Best Owie","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d"},"headline":"Extreme Fear In Crypto Market, Is It Time To Buy The Blood In Bitcoin?","datePublished":"2021-06-22T17:45:10+00:00","dateModified":"2024-06-11T12:12:37+00:00","mainEntityOfPage":{"@id":"https:\/\/uniquehot.com\/news\/extreme-fear-in-crypto-markett\/"},"wordCount":623,"publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"image":{"@id":"https:\/\/uniquehot.com\/news\/extreme-fear-in-crypto-markett\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2021\/06\/bitcoin-fear.jpeg?fit=1434%2C955","keywords":["arcane research","bitcoin","btc","btcusd","BTCUSDT","crypto","xbtcusd","xbtusd. btcusdt"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2021","copyrightHolder":{"@id":"https:\/\/uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/uniquehot.com\/news\/extreme-fear-in-crypto-markett\/","url":"https:\/\/uniquehot.com\/news\/extreme-fear-in-crypto-markett\/","name":"Extreme Fear In Crypto Market, Is It Time To Buy The Blood In Bitcoin?","isPartOf":{"@id":"https:\/\/uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uniquehot.com\/news\/extreme-fear-in-crypto-markett\/#primaryimage"},"image":{"@id":"https:\/\/uniquehot.com\/news\/extreme-fear-in-crypto-markett\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2021\/06\/bitcoin-fear.jpeg?fit=1434%2C955","datePublished":"2021-06-22T17:45:10+00:00","dateModified":"2024-06-11T12:12:37+00:00","description":"The past week has been a brutal one for bitcoin and crypto in general. The market has taken hit after hit. So much so that it\u2019s starting to seem like","breadcrumb":{"@id":"https:\/\/uniquehot.com\/news\/extreme-fear-in-crypto-markett\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uniquehot.com\/news\/extreme-fear-in-crypto-markett\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/news\/extreme-fear-in-crypto-markett\/#primaryimage","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2021\/06\/bitcoin-fear.jpeg?fit=1434%2C955","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2021\/06\/bitcoin-fear.jpeg?fit=1434%2C955","width":1434,"height":955,"caption":"Bitcoin in a comet of red market spikes"},{"@type":"BreadcrumbList","@id":"https:\/\/uniquehot.com\/news\/extreme-fear-in-crypto-markett\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"Extreme Fear In Crypto Market, Is It Time To Buy The Blood In Bitcoin?"}]},{"@type":"WebSite","@id":"https:\/\/uniquehot.com\/#website","url":"https:\/\/uniquehot.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uniquehot.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uniquehot.com\/#organization","name":"NewsBTC","url":"https:\/\/uniquehot.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d","name":"Best Owie","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g","caption":"Best Owie"},"description":"Best Owie is a seasoned managing editor with a wealth of experience currently serving as the Managing Editor at NewsBTC. Best is a highly skilled professional with a track record of producing engaging and informative content. With a keen eye for detail and a passion for accuracy, Best is committed to ensuring that each article published meets the highest standards of quality. Best has over six years of experience in the crypto industry and has overseen the creation and publishing of thousands of articles over the years. Best is always abreast of everything that is going on in the crypto industry in order to create and curate the most relevant content for readers. This shines through in Best\u2019s publications, which are always clear and concise, enabling easy reading and understanding for all. Best is also an avid learner and advocate for new technology. This has seen Best dive into topics in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), Layer 2 blockchains, etc. In addition to this, Best is a vocal member of the crypto community across various social media platforms such as X and Reddit. Best\u2019s work garners tens of thousands of readers monthly, who rely on the information in these publications to keep up-to-date with everything happening in the crypto community. Best\u2019s articles explore breaking news, intricate systems such as yield farming, liquidity pools, and other decentralized finance (DeFi) systems. This is because Best understands the importance of information to gaining financial freedom and believes that everyone should have access to this information. Best also believes in leveraging the blockchain for philanthropy to create the most positive social impact. This involves work with charitable organizations focused on financial literacy and education. With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.","sameAs":["https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/","https:\/\/x.com\/https:\/\/twitter.com\/BestOwie"],"url":"https:\/\/uniquehot.com\/author\/owiebest\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Extreme Fear In Crypto Market, Is It Time To Buy The Blood In Bitcoin?","url":"http:\/\/uniquehot.com\/news\/extreme-fear-in-crypto-markett\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/extreme-fear-in-crypto-markett\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2021\/06\/bitcoin-fear.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2021\/06\/bitcoin-fear.jpeg?fit=1434%2C955"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Best Owie"}],"creator":["Best Owie"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["arcane research","bitcoin","btc","btcusd","btcusdt","crypto","xbtcusd","xbtusd. btcusdt"],"dateCreated":"2021-06-22T17:45:10Z","datePublished":"2021-06-22T17:45:10Z","dateModified":"2024-06-11T12:12:37Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Extreme Fear In Crypto Market, Is It Time To Buy The Blood In Bitcoin?\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/extreme-fear-in-crypto-markett\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/extreme-fear-in-crypto-markett\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2021\\\/06\\\/bitcoin-fear.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2021\\\/06\\\/bitcoin-fear.jpeg?fit=1434%2C955\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Best Owie\"}],\"creator\":[\"Best Owie\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"arcane research\",\"bitcoin\",\"btc\",\"btcusd\",\"btcusdt\",\"crypto\",\"xbtcusd\",\"xbtusd. btcusdt\"],\"dateCreated\":\"2021-06-22T17:45:10Z\",\"datePublished\":\"2021-06-22T17:45:10Z\",\"dateModified\":\"2024-06-11T12:12:37Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2021\/06\/bitcoin-fear.jpeg?fit=1434%2C955","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/466053"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/541"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=466053"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/466053\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/466055"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=466053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=466053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=466053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}