Summary
- The Crypto Fear & Greed Index posted 50 points, staying in the neutral zone.
- As of 4 p.m., Bitcoin (BTC) was at $95,069, down 0.66% from the previous day.
- Ethereum (ETH), XRP (XRP), Solana, Binance Coin, and Cardano were said to be slightly lower or largely flat.
On the 17th (Korea time), Alternative, a provider of crypto-asset (cryptocurrency) data, said the Crypto Fear & Greed Index came in at 50, up 1 point from the previous day.
As of 4 p.m. that day, Bitcoin (BTC) was trading at $95,069 on CoinMarketCap, down 0.66% from the previous day.
Altcoins were also little changed. At the same time, Ethereum (ETH) and XRP (XRP) fell 0.74% and 0.75%, respectively. Solana (+0.74%), Binance Coin (+0.04%) and Cardano (+0.24%), among others, were also flat.
The Fear & Greed Index is a gauge of market sentiment: the closer it is to 0, the more it signals extreme fear, and the closer it is to 100, the more it signals 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%), among other factors.
