Summary
- The current Crypto Fear & Greed Index is reported to be 70, maintaining the greed stage.
- It was reported that most major cryptocurrencies, including Bitcoin and Ethereum, showed an upward trend.
- The index, which reflects market sentiment, incorporates various factors such as trading volume and social media.
According to the cryptocurrency data provider Alternative, the Crypto Fear & Greed Index scored 70.
As of 9:26 AM, Bitcoin (BTC) is trading at $95,115 on CoinMarketCap, up 1.44% from the previous day.
Most altcoins also showed an upward trend. At the same time, Ethereum (ETH) rose by 1.23%, while Ripple (XRP) and Dogecoin (DOGE) increased by 14.53% and 5.51%, respectively. Additionally, Solana (+2.59%), Ada (+10.86%), and Tron (+0.79%) also showed strength. However, Binance Coin fell by 0.39%.
The Fear & Greed Index, which expresses market sentiment, is calculated based on factors such as volatility (25%), trading volume (25%), social media (15%), surveys (15%), Bitcoin dominance (10%), and Google Trends (10%).
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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