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The original Bitcoin alternative ‘fear’ index by Cointelegraph reflects the regulatory concerns of traders


The core Bitcoin alternative ‘fear’ index reflects the regulatory concerns of traders

After trading for over 46 days in a row above $ 42,000, (BTCSeptember 21 began to show weakness. The loss of 13% accumulated in the last three days is enough to wipe out the gains made. All important $ 42,000 level.

Traders ’attention turned to the beginning of the US Federal Reserve’s financial meeting, where the financial authorities would indicate whether it would reduce the সম্প 120 billion monthly asset recovery stimulus program. Interestingly, with all this happening, Chinese equity markets, as measured by iShares MSCI China ETF ($ MCHI), rose 1% on September 21st.

Bitcoin price in USD at Coinbase (NASDAQ :). Source: Tradingview
Derbit Bitcoin options 25% delta diagonal. Source: Laevitas
Bitcoin 8-Hour Margin Future Funding Rate. Source: BBT