Summary
- The crypto Fear & Greed Index was reported at 12, in the Extreme Fear zone.
- Bitcoin (BTC) rose 0.52% to $67,240, while Ethereum (ETH) and XRP were said to be trading sideways.
- Investors were said to be monitoring the Middle East situation and Strait of Hormuz risks rather than rushing into new positions.
Forecast Trend Report by Period
The Fear & Greed Index—a gauge of investor sentiment in the digital-asset (cryptocurrency) market—remained in the Extreme Fear zone. With US President Donald Trump calling for the Strait of Hormuz to be opened as soon as possible, investors appear to be staying on the sidelines.
According to Alternative on the 5th (Korea time), the crypto Fear & Greed Index rose 1 point from the previous day to 12. Still, it stayed in the Extreme Fear zone.
As of 9:18 a.m. today, bitcoin (BTC), the bellwether cryptocurrency, was up 0.52% from the previous day at $67,240. Ethereum (ETH) and XRP were also trading sideways.
Investors are seen as watching developments in the Middle East rather than rushing into new positions. Overnight, President Trump wrote on his Truth Social account, "I gave Iran 10 days, and now 48 hours remain," warning strongly that "if they do not open the Strait of Hormuz, they will see hell."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
![[Key economic and crypto events for the week ahead] FOMC minutes and more](https://media.bloomingbit.io/static/news/brief_en.webp?w=250)
