Aug. 13 wasn’t exactly the best day for Bitcoin maximalists. The BTC price crashed by more than 6 percent, tumbling below the $10,500 level. In fact, Bitcoin turned out to be second the worst-performing asset inside the CoinMarketCap top 10 (only behind Monero).
Crypto trader Alex Krüger points out that the Fear & Greed index is currently at the December 2018 lows.
Are you afraid?
— Alex Krüger (@krugermacro) August 14, 2019
I am not.
(Fear & Greed index currently at the Dec/2018 lows)
Next key level below at $10300-10325. $BTC pic.twitter.com/Fm5KdhU6N4
Meanwhile, Roger Ver’s controversial fork Bitcoin Cash rewarded its holders with a solid 5 percent price increase. Considering that these two coins usually move in tandem, that was quite an anomaly.
Notably, Bitcoin SV, the fork of Bitcoin Cash, is also in the green with a 3 percent price spike while other top altcoins remain in the doldrums.
Yuri Molchan
Dan Burgin
U.Today Editorial Team
Vladislav Sopov