Summary
- The virtual asset Fear and Greed Index recorded 84 points, indicating an extreme stage of greed.
- Major Bitcoin and altcoins showed a positive market trend with all rising.
- The Fear and Greed Index is a key indicator analyzing market sentiment, revealing that investors have excessive greed towards the market.
According to the virtual asset (cryptocurrency) data provider Alternative on the 22nd, the virtual asset Fear and Greed Index recorded 84 points, up 8 points from the previous day.
As of 9:52 a.m. today, Bitcoin (BTC) is trading at $105,855 on CoinMarketCap, up 3.62% from the previous day.
Most altcoins also rose. At the same time, Ethereum (ETH) increased by 2.42%, while Ripple and Binance Coin rose by 1.42% and 1.63%, respectively. Additionally, Solana (+5.25%), Dogecoin (+4.90%), and Tron (+3.31%) also showed an upward trend. However, Cardano fell by 0.07% from the previous day.
The Fear and 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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