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Crypto Fear & Greed Index Grows by 119% YOY, Recording 12-month High

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In recent weeks, the cryptocurrency market led by Bitcoin has been on a bullish run due to various factors. Notably, the Bitcoin recent price movement has had an impact on the Crypto Fear and Greed Index.

Data presented by Stock Apps indicates that the Crypto Fear and Greed Index has grown by 119.51% on a year-over-year basis. As of November 9th, the index stood at 90, representing an all-time high in the last 12 months. The weekly index hit its lowest mark on March 22 at 11 points.

Crypto Fear & Greed Index Grows by 119% YOY, Recording 12-month High

The research also reviewed the historical values where the current 90 point represents extreme greed. The extreme greed was also present on November 8th, with the index standing at 82 points. Last month, the greed was neutral, with the index at 53 points.

Investing in Bitcoin with extreme greed levels high

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For the Crypto Fear and Greed Index, the value of zero translates to ‘Extreme Fear’ while the value of 100 represents ‘Extreme Greed. Notably, the fear and greed index is based on a combination of data points, including volatility, social media, and Google trends. The data allows evaluating the aggregated market sentiments. This tool has become a significant investment indicator and form of analysis of the crypto price fluctuations.

Excessive greed can cause the bloating of the cryptocurrency to the extent where it is overpriced. At the same time, rampant fear can drop the price down to the undervalued zone. Most specifically, the crypto market is overly emotional, as well. When the market goes up, many investors enter the market due to the fear of missing out. Notably, using the Bitcoin Fear and Greed Index can help in measuring and mitigating the emotional overreactions and judge market sentiment.

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Experienced investors such as billionaire Warren Buffet have advised against emotion-based selling or buying. Buffet has maintained that Bitcoin is too emotional to invest in. He argues that when the crypto market embarks on a bull, it is not the best time to sit back. He is known for the common phrase of “Be fearful when others are greedy and greedy when others are fearful”.

It is worth mentioning that Buffet is not a cryptocurrency fan due to the high volatility nature.

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Is Bitcoin staring at deep correction?

From the data, the Bitcoin Fear and Greed Index has remained definitively skewed toward greed. However, it is not certain when the fear will start creeping in. It is worth mentioning that Bitcoin may be on the verge of a deep correction as the index has reached a territory of extreme greed.

Historically, the index reached these levels back December 2017 and January 2019. It was later followed by a massive collapse and a depressing crypto season, which lasted for about a year.

Notably, when the index nears 100, there is a high likelihood that the market will correct thanks to a wave of selling, dragging the price down.

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Crypto Fear & Greed Index Grows by 119% YOY, Recording 12-month High - Brand Spur

Trend Micro Placed in 2021 Magic Quadrant for Endpoint Protection Platforms

Recognized for Completeness of Vision and Ability to Execute

 

HONG KONG SAR - Media OutReach - 13 May 2021 - Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced that it has been positioned by Gartner as a Leader in the Magic Quadrant for Endpoint Protection Platform for its offering, Trend Micro Apex One. The evaluation was based on specific criteria that analyzed the company's overall completeness of vision and ability to execute.


Trend Micro is continually innovating and anticipating emerging threats. Our flagship Apex One endpoint protection platform features broad coverage against today's most critical threats. Our customers are protected using a range of techniques including virtual patching, which immediately protects against exploits until the vendor patch is applied.


Read the full Magic Quadrant for Endpoint Protection Platform report at: https://resources.trendmicro.com/Gartner-Magic-Quadrant-Endpoints.html

"The endpoint has become a key battleground as determined threat actors try to take advantage of the pandemic to target distributed workforces and vulnerable remote access infrastructure. But throughout this difficult period, we've been there for our customers," said Wendy Moore, vice president of product marketing for Trend Micro. "I'm delighted to see us recognized again for doing what we do best: Protecting global organizations through innovative, cloud-first and platform-based security. We will continue to focus on offering simple, robust and industry-leading protection through our cybersecurity platform."

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At the heart of the company's cybersecurity platform is Trend Micro Vision One, which delivers visibility and XDR using telemetry from Apex One in addition to email, servers, cloud workloads and networks for faster detections and investigations.

Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of the providers in markets where growth is high and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries and Niche Players. The research enables you to get the most from market analysis in alignment with your unique business and technology needs.

* Gartner disclaimer: Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.


About Trend Micro

Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro's cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, the platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,000 employees across 65 countries, Trend Micro enables organizations to simplify and secure their connected world. www.trendmicro.com.hk


#TrendMicro


Crypto Fear & Greed Index Grows by 119% YOY, Recording 12-month High - Brand Spur
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Latest News

Trend Micro Placed in 2021 Magic Quadrant for Endpoint Protection Platforms

Recognized for Completeness of Vision and Ability to Execute

 

HONG KONG SAR - Media OutReach - 13 May 2021 - Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced that it has been positioned by Gartner as a Leader in the Magic Quadrant for Endpoint Protection Platform for its offering, Trend Micro Apex One. The evaluation was based on specific criteria that analyzed the company's overall completeness of vision and ability to execute.


Trend Micro is continually innovating and anticipating emerging threats. Our flagship Apex One endpoint protection platform features broad coverage against today's most critical threats. Our customers are protected using a range of techniques including virtual patching, which immediately protects against exploits until the vendor patch is applied.


Read the full Magic Quadrant for Endpoint Protection Platform report at: https://resources.trendmicro.com/Gartner-Magic-Quadrant-Endpoints.html

"The endpoint has become a key battleground as determined threat actors try to take advantage of the pandemic to target distributed workforces and vulnerable remote access infrastructure. But throughout this difficult period, we've been there for our customers," said Wendy Moore, vice president of product marketing for Trend Micro. "I'm delighted to see us recognized again for doing what we do best: Protecting global organizations through innovative, cloud-first and platform-based security. We will continue to focus on offering simple, robust and industry-leading protection through our cybersecurity platform."

At the heart of the company's cybersecurity platform is Trend Micro Vision One, which delivers visibility and XDR using telemetry from Apex One in addition to email, servers, cloud workloads and networks for faster detections and investigations.

Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of the providers in markets where growth is high and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries and Niche Players. The research enables you to get the most from market analysis in alignment with your unique business and technology needs.

* Gartner disclaimer: Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.


About Trend Micro

Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro's cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, the platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,000 employees across 65 countries, Trend Micro enables organizations to simplify and secure their connected world. www.trendmicro.com.hk


#TrendMicro


Crypto Fear & Greed Index Grows by 119% YOY, Recording 12-month High - Brand Spur
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