Crypto Fear & Greed Index Records 72 Points, Maintaining Greed Stage

Uk Jin

Summary

The Crypto Fear & Greed Index recorded 72 points, continuing to maintain the greed stage.
Bitcoin has risen slightly, but most altcoins are showing a downward trend.
Ripple rose exceptionally, but it is noteworthy that market sentiment remains greedy.

According to the cryptocurrency data provider Alternative on the 29th, the Crypto Fear & Greed Index recorded 72 points, the same as the previous day.

As of 9:52 AM, Bitcoin (BTC) is trading at $101,672 on CoinMarketCap, up 0.35% from the previous day.

Most altcoins are on a downward trend. At the same time, Ethereum (ETH) fell by 1.94%, while Solana (SOL) and Binance Coin (BNB) dropped by 2.81% and 1.98%, respectively. Dogecoin (-3.53%), Cardano (-0.85%), and TRON (-1.51%) also recorded declines. However, Ripple rose by 1.09%.

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's market cap dominance (10%), and Google search trends (10%).