Cryptocurrency Fear & Greed Index Records 51 Points... Maintaining 'Neutral' Stage

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Uk Jin

Summary

  • The cryptocurrency Fear & Greed Index recorded 51 points, maintaining the 'neutral' stage.
  • Among major cryptocurrencies, Bitcoin and Ethereum showed declines of 1.46% and 0.97%, respectively.
  • Binance Coin and TRON rose 2.02% and 2.26%, respectively, showing mixed trends.

According to Alternative, a cryptocurrency (crypto asset) data provider, the cryptocurrency Fear & Greed Index recorded 51 points, down 3 points from the previous day.

As of 9:03 a.m. today, Bitcoin (BTC) is recorded at $96,182 on CoinMarketCap, down 1.46% from the previous day.

Altcoins showed mixed trends. At the same time, Ethereum (ETH) fell 0.97%, and both Ripple (XRP) and Solana (SOL) dropped 1.00% and 3.02%, respectively. On the other hand, Binance Coin (+2.02%) and TRON (+2.26%) rose.

The Fear & Greed Index is an indicator expressing market sentiment, with a score closer to 0 indicating extreme fear and closer to 100 indicating extreme greed. This index is calculated based on volatility (25%), trading volume (25%), social media (15%), surveys (15%), Bitcoin market cap dominance (10%), and Google search trends (10%).

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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