{"id":491660,"date":"2022-05-30T17:00:11","date_gmt":"2022-05-30T17:00:11","guid":{"rendered":"https:\/\/uniquehot.com\/?p=491660"},"modified":"2024-06-11T14:20:11","modified_gmt":"2024-06-11T14:20:11","slug":"negative-sentiment-deepens-in-crypto-why-recovery-may-not-last","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\/","title":{"rendered":"Negative Sentiment Deepens In Crypto, Why Recovery May Not Last"},"content":{"rendered":"

Negative sentiment in the crypto market has been ramping up in the last few months. This comes hot on the heels of a market crash that saw top coins such as Bitcoin and Ethereum drop to one-year lows. It has resulted in some of the lowest scale readings that the Fear & Greed Index has put out in recent times and it looks like this is only just beginning as negative sentiment has now touched yearly lows.<\/p>\n

Crypto Market In Extreme Fear<\/h2>\n

Just like with any declining market, investor sentiment has turned to the worse. Indicators show that the market is now in extreme fear, meaning that investors are wary of playing in the space. This has been the case for a while but the recent readings provided by the Crypto Fear & Greed Index<\/a> show that it is worse than expected.<\/p>\n

The index currently displays a score of 10 which is one of the lowest levels that it has been in the last six months. The last time the index was this low was in January when the market was still reeling from the December 4th crash. What followed was a prolonged period of downtrends, similar to what is being experienced in the market for the last few weeks.<\/p>\n

Related Reading |\u00a0Perp Traders Remain Quiet As Bitcoin Struggles To Hold $30,000<\/a><\/strong><\/em><\/p>\n

This negative sentiment continues to wax stronger even through recoveries. Currently, the price of bitcoin is back above $30,000 and Ethereum continues to push for $2,000 but that has not triggered any change in investor sentiment. Indicating that sentiment is not following the market movement as strongly as it used to and is rather hanging on to where investors believe the market is headed.<\/p>\n

\"Total<\/p>\n

Total crypto market trending $1.25 trillion | Source: Crypto Total Market Cap on TradingView.com<\/a><\/pre>\n
Recovery Not Strong Enough?<\/h2>\n
The recovery that is being recorded in the early hours of Monday is a welcome one. However, it is debatable if this recovery will last. This is because the bears have since had a stronger hold on the market compared to the bulls, making the market prone to a sudden pull-down.<\/p>\n
Looking at indicators for Bitcoin, which is a market mover, it continues to trade below the 50-day moving average despite the recovery. It remains a seller\u2019s market with indicators like this especially given where the next support level lies for the digital asset.<\/p>\n
Related Reading |\u00a0Ethereum Profitability Dumps To 2-Year Low As Price Corrects Below $2,000<\/a><\/strong><\/em><\/p>\n
For BTC, adequate support is present only at the $28,108 level. This means that any decline now will see the digital asset crash through its Sunday gains and fall back to pre-weekend levels. It also doesn\u2019t help that indicators are pointing to sell on all angles.\u00a0<\/span><\/p>\n
To maintain the current recovery trend, there will need to be a large influx of funds into the market. Even at oversold levels, various cryptocurrencies remain prone to further declines, unless buyers can ramp up their activity enough to stall a downtrend.<\/p>\n
Featured image from Phemex, chart from TradingView.com<\/pre>\n
Disclaimer: The following op-ed represents the views of the author, and may not necessarily reflect the views of Bitcoinist. Bitcoinist is an advocate of creative and financial freedom alike.<\/em><\/p>\n
Follow <\/i><\/b>Best Owie on Twitter<\/i><\/b><\/a> for market insights, updates, and the occasional funny tweet\u2026<\/i><\/b><\/span>\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"
Negative sentiment in the crypto market has been ramping up in the last few months. This comes hot on the heels of a market crash that saw top coins such as Bitcoin and Ethereum drop to one-year lows. It has resulted in some of the lowest scale readings that the Fear & Greed Index has put out in recent times and it looks like this is only just beginning as negative sentiment has now touched yearly lows. Crypto Market In Extreme Fear Just like with any declining market, investor sentiment has turned to the worse. Indicators show that the market is now in extreme fear, meaning that investors are wary of playing in the space. This has been the case for a while but the recent readings provided by the Crypto Fear & Greed Index show that it is worse than expected. The index currently displays a score of 10 which is one of the lowest levels that it has been in the last six months. The last time the index was this low was in January when the market was still reeling from the December 4th crash. What followed was a prolonged period of downtrends, similar to what is being experienced in the market for the last few weeks. Related Reading |\u00a0Perp Traders Remain Quiet As Bitcoin Struggles To Hold $30,000 This negative sentiment continues to wax stronger even through recoveries. Currently, the price of bitcoin is back above $30,000 and Ethereum continues to push for $2,000 but that has not triggered any change in investor sentiment. Indicating that sentiment is not following the market movement as strongly as it used to and is rather hanging on to where investors believe the market is headed. Total crypto market trending $1.25 trillion | Source: Crypto Total Market Cap on TradingView.com Recovery Not Strong Enough? The recovery that is being recorded in the early hours of Monday is a welcome one. However, it is debatable if this recovery will last. This is because the bears have since had a stronger hold on the market compared to the bulls, making the market prone to a sudden pull-down. Looking at indicators for Bitcoin, which is a market mover, it continues to trade below the 50-day moving average despite the recovery. It remains a seller\u2019s market with indicators like this especially given where the next support level lies for the digital asset. Related Reading |\u00a0Ethereum Profitability Dumps To 2-Year Low As Price Corrects Below $2,000 For BTC, adequate support is present only at the $28,108 level. This means that any decline now will see the digital asset crash through its Sunday gains and fall back to pre-weekend levels. It also doesn\u2019t help that indicators are pointing to sell on all angles.\u00a0 To maintain the current recovery trend, there will need to be a large influx of funds into the market. Even at oversold levels, various cryptocurrencies remain prone to further declines, unless buyers can ramp up their activity enough to stall a downtrend. Featured image from Phemex, chart from TradingView.com Disclaimer: The following op-ed represents the views of the author, and may not necessarily reflect the views of Bitcoinist. Bitcoinist is an advocate of creative and financial freedom alike. Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet\u2026\u00a0<\/p>\n","protected":false},"author":541,"featured_media":491675,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83386,3],"tags":[10923,51092,1557,1558,84094,86062,13266],"class_list":["post-491660","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","category-news","tag-crypto-market","tag-crypto-sentiment","tag-cryptocurrencies","tag-cryptocurrency","tag-fear-greed-index","tag-investor-sentiment","tag-market-sentiment"],"acf":[],"yoast_head":"\nNegative Sentiment Deepens In Crypto, Why Recovery May Not Last<\/title>\n<meta name=\"description\" content=\"Negative sentiment in the crypto market has been ramping up in the last few months. This comes hot on the heels of a market crash that saw top coins such\" \/>\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\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Negative Sentiment Deepens In Crypto, Why Recovery May Not Last\" \/>\n<meta property=\"og:description\" content=\"Negative sentiment in the crypto market has been ramping up in the last few months. This comes hot on the heels of a market crash that saw top coins such\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\/\" \/>\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=\"2022-05-30T17:00:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T14:20:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/05\/crypto-sentiment.png?fit=1600%2C900\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\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\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\/\"},\"author\":{\"name\":\"Best Owie\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d\"},\"headline\":\"Negative Sentiment Deepens In Crypto, Why Recovery May Not Last\",\"datePublished\":\"2022-05-30T17:00:11+00:00\",\"dateModified\":\"2024-06-11T14:20:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\/\"},\"wordCount\":534,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/05\/crypto-sentiment.png?fit=1600%2C900\",\"keywords\":[\"crypto market\",\"Crypto sentiment\",\"cryptocurrencies\",\"cryptocurrency\",\"Fear & Greed Index\",\"investor sentiment\",\"market sentiment\"],\"articleSection\":[\"Crypto\",\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/news\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\/\",\"url\":\"https:\/\/uniquehot.com\/news\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\/\",\"name\":\"Negative Sentiment Deepens In Crypto, Why Recovery May Not Last\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/05\/crypto-sentiment.png?fit=1600%2C900\",\"datePublished\":\"2022-05-30T17:00:11+00:00\",\"dateModified\":\"2024-06-11T14:20:11+00:00\",\"description\":\"Negative sentiment in the crypto market has been ramping up in the last few months. This comes hot on the heels of a market crash that saw top coins such\",\"breadcrumb\":{\"@id\":\"https:\/\/uniquehot.com\/news\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uniquehot.com\/news\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/news\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\/#primaryimage\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/05\/crypto-sentiment.png?fit=1600%2C900\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/05\/crypto-sentiment.png?fit=1600%2C900\",\"width\":1600,\"height\":900,\"caption\":\"crypto sentiment\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uniquehot.com\/news\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Negative Sentiment Deepens In Crypto, Why Recovery May Not Last\"}]},{\"@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":"Negative Sentiment Deepens In Crypto, Why Recovery May Not Last","description":"Negative sentiment in the crypto market has been ramping up in the last few months. This comes hot on the heels of a market crash that saw top coins such","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\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\/","og_locale":"en_US","og_type":"article","og_title":"Negative Sentiment Deepens In Crypto, Why Recovery May Not Last","og_description":"Negative sentiment in the crypto market has been ramping up in the last few months. This comes hot on the heels of a market crash that saw top coins such","og_url":"https:\/\/uniquehot.com\/news\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2022-05-30T17:00:11+00:00","article_modified_time":"2024-06-11T14:20:11+00:00","og_image":[{"width":1600,"height":900,"url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/05\/crypto-sentiment.png?fit=1600%2C900","type":"image\/png"}],"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\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\/#article","isPartOf":{"@id":"https:\/\/uniquehot.com\/news\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\/"},"author":{"name":"Best Owie","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d"},"headline":"Negative Sentiment Deepens In Crypto, Why Recovery May Not Last","datePublished":"2022-05-30T17:00:11+00:00","dateModified":"2024-06-11T14:20:11+00:00","mainEntityOfPage":{"@id":"https:\/\/uniquehot.com\/news\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\/"},"wordCount":534,"publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"image":{"@id":"https:\/\/uniquehot.com\/news\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/05\/crypto-sentiment.png?fit=1600%2C900","keywords":["crypto market","Crypto sentiment","cryptocurrencies","cryptocurrency","Fear & Greed Index","investor sentiment","market sentiment"],"articleSection":["Crypto","Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/uniquehot.com\/news\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\/","url":"https:\/\/uniquehot.com\/news\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\/","name":"Negative Sentiment Deepens In Crypto, Why Recovery May Not Last","isPartOf":{"@id":"https:\/\/uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uniquehot.com\/news\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\/#primaryimage"},"image":{"@id":"https:\/\/uniquehot.com\/news\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/05\/crypto-sentiment.png?fit=1600%2C900","datePublished":"2022-05-30T17:00:11+00:00","dateModified":"2024-06-11T14:20:11+00:00","description":"Negative sentiment in the crypto market has been ramping up in the last few months. This comes hot on the heels of a market crash that saw top coins such","breadcrumb":{"@id":"https:\/\/uniquehot.com\/news\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uniquehot.com\/news\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/news\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\/#primaryimage","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/05\/crypto-sentiment.png?fit=1600%2C900","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/05\/crypto-sentiment.png?fit=1600%2C900","width":1600,"height":900,"caption":"crypto sentiment"},{"@type":"BreadcrumbList","@id":"https:\/\/uniquehot.com\/news\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"Negative Sentiment Deepens In Crypto, Why Recovery May Not Last"}]},{"@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":"Negative Sentiment Deepens In Crypto, Why Recovery May Not Last","url":"http:\/\/uniquehot.com\/news\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/05\/crypto-sentiment.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/05\/crypto-sentiment.png?fit=1600%2C900"},"articleSection":"Crypto","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":["crypto market","crypto sentiment","cryptocurrencies","cryptocurrency","fear & greed index","investor sentiment","market sentiment"],"dateCreated":"2022-05-30T17:00:11Z","datePublished":"2022-05-30T17:00:11Z","dateModified":"2024-06-11T14:20:11Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Negative Sentiment Deepens In Crypto, Why Recovery May Not Last\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/negative-sentiment-deepens-in-crypto-why-recovery-may-not-last\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/crypto-sentiment.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/crypto-sentiment.png?fit=1600%2C900\"},\"articleSection\":\"Crypto\",\"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\":[\"crypto market\",\"crypto sentiment\",\"cryptocurrencies\",\"cryptocurrency\",\"fear & greed index\",\"investor sentiment\",\"market sentiment\"],\"dateCreated\":\"2022-05-30T17:00:11Z\",\"datePublished\":\"2022-05-30T17:00:11Z\",\"dateModified\":\"2024-06-11T14:20:11Z\"}<\/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\/2022\/05\/crypto-sentiment.png?fit=1600%2C900","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/491660","targetHints":{"allow":["GET"]}}],"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=491660"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/491660\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/491675"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=491660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=491660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=491660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}