Virtual assets Fear and Greed Index records 42 points… up 5 points from previous day

Source
Uk Jin

Summary

  • According to virtual asset data provider Alternative, the Fear and Greed Index recorded 42 points, up 5 points from the previous day.
  • That morning, Bitcoin was reported to be trading at 110,507 dollars on CoinMarketCap, up 0.46% from the previous day.
  • Major altcoins like Ethereum and XRP were firm, but some tokens such as Binance Coin, Dogecoin, and Cardano fell.

According to virtual asset (cryptocurrency) data provider Alternative, the virtual assets Fear and Greed Index rose 5 points from the previous day to 42.

As of 9 a.m. that day, Bitcoin (BTC) was trading at 110,507 dollars on CoinMarketCap, up 0.46% from the previous day.

Altcoins were also firm. At the same time, Ethereum (ETH) and XRP (XRP) rose 0.86% and 0.90%, respectively. In addition, Solana (+0.76%) and Tron (+0.30%) also rose slightly from the previous day. By contrast, Binance Coin (-0.99%), Dogecoin (-0.51%), and Cardano (-0.54%) fell.

The Fear and Greed Index is an indicator that expresses market sentiment: values close to 0 indicate extreme fear, while values close to 100 indicate extreme greed. The index is calculated based on volatility (25%), trading volume (25%), social media (15%), surveys (15%), Bitcoin market cap dominance (10%), and Google search volume (10%).

Uk Jin

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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