Crypto Fear & Greed Index Falls to 71, Remains in Greed Territory
Summary
- The cryptocurrency Fear & Greed Index fell 2 points from a day earlier to 71, but remained in greed territory.
- As of 9 a.m., Bitcoin (BTC) was trading at $83,680, up 0.21% from the previous day.
- Major altcoins including Ether (ETH) and BNB were broadly weaker, while Solana alone rose 0.40%.
Forecast Trend Report by Period
The cryptocurrency Fear & Greed Index stood at 71 on September 30, down 2 points from a day earlier, according to crypto data provider Alternative.
As of 9 a.m., Bitcoin (BTC) was trading at $83,680 on CoinMarketCap, up 0.21% from the previous day.
Altcoins were broadly weaker as well. Ether (ETH) fell 0.42% and BNB dropped 0.61% at the same time. Other major cryptocurrencies, including XRP (-0.42%), Tron (-0.35%), Hyperliquid (-1.54%) and Zcash (-4.10%), were also lower, with Solana (+0.40%) the only major token in positive territory.
The Fear & Greed Index is a measure of market sentiment. A reading closer to 0 indicates extreme fear, while one closer to 100 signals extreme greed. The index is calculated based on volatility (25%), trading volume (25%), social media (15%), surveys (15%), Bitcoin market capitalization dominance (10%) and Google search trends (10%).
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.