Summary
- The Crypto Fear and Greed Index remains at 75 points, staying in the greed stage, attracting investors' attention.
- Currently, the price of Bitcoin is $104,700, showing a slight upward trend, while most altcoins are declining.
- The Fear and Greed Index, which represents market sentiment, can be used as an important indicator for developing investment strategies.
According to the cryptocurrency data provider Alternative on the 25th, the Crypto Fear and Greed Index recorded 75 points, the same as the previous day.
As of 9:02 AM, Bitcoin (BTC) is trading at $104,700 on CoinMarketCap, up 0.62% from the previous day.
Most altcoins are on a downward trend. At the same time, Ethereum (ETH) fell by 0.82%, while Ripple and Binance Coin decreased by 0.22% and 1.52%, respectively. Additionally, Solana (-0.93%), Dogecoin (-0.64%), and Cardano (-1.80%) also recorded declines. However, TRON (TRX) rose by 0.33% from the previous day.
The Fear and Greed Index, an indicator expressing market sentiment, is calculated based on factors such as volatility (25%), trading volume (25%), social media (15%), surveys (15%), Bitcoin market cap dominance (10%), and Google search trends (10%).
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
