Summary
- The Virtual Asset Fear & Greed Index rose by 2 points to 34 points from the previous day.
- This indicates a slight easing of market sentiment, with a notable rise in major altcoins including Bitcoin.
- Bitcoin rose by 1.64% to $83,939 from the previous day, reflecting positive investor interest.
According to the virtual asset (cryptocurrency) data provider Alternative on the 18th, the virtual asset Fear & Greed Index recorded 34 points, up 2 points from the previous day.
As of 9:02 AM, Bitcoin (BTC) is trading at $83,939 on CoinMarketCap, up 1.64% from the previous day.
Most altcoins also rose on this day. At the same time, Ethereum rose by 2.03%, while XRP and Solana increased by 1.86% and 1.48%, respectively. Additionally, Binance Coin (+4.85%), ADA (+1.76%), and Dogecoin (+3.00%) showed strong performance during the 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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