Summary
- The Crypto Fear & Greed Index is reported to maintain the Greed stage with a score of 66 points.
- Bitcoin's price showed a positive trend, rising 1.18% from the previous day.
- Altcoins generally recorded a stable trend, showing low volatility.
According to the cryptocurrency data provider Alternative, the first Crypto Fear & Greed Index of the new year recorded 66 points.
As of 9:26 a.m. on this day, Bitcoin (BTC) is trading at $93,595 on CoinMarketCap, up 1.18% from the previous day.
Altcoins also showed a stable trend. At the same time, Ethereum (ETH) decreased by 0.16%, while Ripple (XRP) and Dogecoin (DOGE) rose by 2.02% and 1.32%, respectively. Additionally, Binance Coin (-0.33%), Solana (-0.34%), Cardano (-1.05%), and Tron (+0.79%) also showed stability around 1%.
The Fear & Greed Index is an indicator that expresses market sentiment, calculated based on factors such as volatility (25%), trading volume (25%), social media (15%), surveys (15%), Bitcoin market cap dominance (10%), and Google search volume (10%).
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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