Virtual Asset Fear & Greed Index Rises by 10 Points Compared to Previous Day…Returns to Fear Stage
Summary
- It was reported that the virtual asset Fear & Greed Index rose by 10 points compared to the previous day, returning to the fear stage.
- Bitcoin (BTC) rose by 5.12% to record $82,811.
- Most altcoins also showed strength, continuing their upward trend.
According to the virtual asset (cryptocurrency) data provider Alternative on the 12th, the virtual asset Fear & Greed Index recorded 34 points, up 10 points from the previous day.
As of 9:13 AM, Bitcoin (BTC) is trading at $82,811 on CoinMarketCap, up 5.12% from the previous day.
Most altcoins are also strong. At the same time, Ethereum rose by 2.79%, while XRP and Solana increased by 8.40% and 6.46%, respectively. Additionally, Binance Coin (+3.86%), ADA (+7.92%), and Dogecoin (+12.46%) also rose compared to the previous day.
The Fear & Greed Index is an indicator that expresses 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%).
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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