Summary
- The Crypto Fear & Greed Index recorded 29 points, returning to the fear phase.
- Bitcoin's price rose 2.87% from the previous day to 105,024 dollars.
- Major altcoins, including Ethereum and XRP, also showed strength.
On the 10th, according to crypto asset (cryptocurrency) data provider Alternative.me, the Crypto Fear & Greed Index rose 8 points to 29 compared with the previous day.
As of 9 a.m. that day, Bitcoin (BTC) was trading on CoinMarketCap at 105,024 dollars, up 2.87% from the previous day.
Altcoins were also strong. At the same time, Ethereum (ETH) and XRP (XRP) rose 5.60% and 3.77%, respectively. In addition, Solana (+4.74%), Binance Coin (+0.82%), Dogecoin (+2.05%), and Cardano (+1.68%) also rose compared with the previous day. However, TRON fell 0.31% compared with the previous day.
The Fear & Greed Index is an indicator expressing market sentiment: the closer to 0, the extreme fear; the closer to 100, the 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 trends (10%), among others.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
!['Easy money is over' as Trump pick triggers turmoil…Bitcoin tumbles too [Bin Nansa’s Wall Street, No Gaps]](https://media.bloomingbit.io/PROD/news/c5552397-3200-4794-a27b-2fabde64d4e2.webp?w=250)
![[Market] Bitcoin falls below $82,000...$320 million liquidated over the past hour](https://media.bloomingbit.io/PROD/news/93660260-0bc7-402a-bf2a-b4a42b9388aa.webp?w=250)
