Crypto’s sentiment update and FED interest rate prediction – 5 August 2022

5 August 2022
Posted by: Vincenzo Stefanini
Categories: Financial News, Investing & Trading, Money

Table of Contents

1 Crypto Fear and Greed Index
2 FedWatch Tool
3 eToro Disclaimer
4 Crypto Investing Risk Warning
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Crypto Fear and Greed Index

The “Crypto Fear & Greed Index” is in “Fear” mode today.

Last week, the reading was a bit higher, but still in Fear mode.

I am happy to see that cryptos have been rallying recently, however, I remain cautious about the general market conditions.

In the short term, we can either see the continuation of the bullish trend or we can go back to lower prices.

Right now I am waiting to see what direction the market takes and then I will decide what changes to make to the portfolio.
Cryptos are still correlated to the stock market, at the moment.

So, in the short term I remain neutral, but in the long term (years) I am still bullish on Bitcoin, Ethereum and the crypto space!

FedWatch Tool

60% of investors are expecting the FED to increase the interest rates by 0.50% in the next meeting.
The remaining 40% are expecting a 0.75% rate increase.
No other options are considered at this stage.

1 month ago 81% of investors were expecting a 0.50% rate increase.
So, more investors are moving towards the 0.75% increase.

The next FED meeting is on 21 September 2022.

Learn more about my portfolio on this page:

Investment Portfolio

eToro Disclaimer

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. {etoroCFDrisk}% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

Crypto Investing Risk Warning

Crypto assets are highly volatile. Your capital is at risk.
Don’t invest unless you’re prepared to lose all the money you invest.
This is a high-risk investment, and you should not expect to be protected if something goes wrong.

Read the full disclaimer