Crypto Fear & Greed Index at 81 points… 3 points down from the previous day

Uk Jin

Summary

The Crypto Fear & Greed Index reported a score of 81 points, a 3-point drop from the previous day.
Bitcoin recorded $96,659, down 0.78%, while other altcoins are showing mixed trends.
The index is an indicator of market sentiment, calculated based on various factors.

According to the crypto (cryptocurrency) data provider Alternative, the Crypto Fear & Greed Index recorded 81 points, down 3 points from the previous day.

As of 9:32 a.m. today, Bitcoin (BTC) is trading at $96,659 on CoinMarketCap, down 0.78% from the previous day.

Meanwhile, altcoins are showing mixed trends. At the same time, Ethereum (ETH) rose by 3.28%, while Solana fell by 1.33%. Additionally, Binance Coin (+0.32%), Ripple (+5.17%), Dogecoin (+0.33%), Ada (+1.05%), and Avalanche (+2.57%) are also showing slight fluctuations.

The Fear & Greed Index is an indicator that expresses market sentiment, with a score closer to 0 indicating extreme fear and closer to 100 indicating extreme greed. This 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%).