Crypto Fear & Greed Index stays in extreme fear amid Middle East conflict

Source
Uk Jin

Summary

  • The Fear & Greed Index, which reflects investor sentiment in the crypto market, was said to have remained in extreme fear.
  • According to Alternative, the Fear & Greed Index rose 3 points from the previous day to 14.
  • As of 9 a.m. today, Bitcoin, Ethereum, and XRP were all reported to be up by around 1%% from the previous day.

Forecast Trend Report by Period

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The 'Fear & Greed Index', an indicator that offers a glimpse into investor sentiment in the crypto (virtual asset) market, remained in extreme fear.

As of the 1st (Korea time), Alternative reported that the index rose 3 points from the previous day to 14.

As of 9 a.m. this morning, Bitcoin (BTC) was up 1.44% from the previous day at $66,884.

Over the same period, Ethereum (ETH) and XRP (XRP) also rose 1.38% and 1.21%, respectively, from the previous day.

The Fear & Greed Index is calculated based on factors including volatility (25%), trading volume (25%), social media (15%), surveys (15%), Bitcoin market-cap dominance (10%), and Google search volume (10%).

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Uk Jin

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