Virtual Asset Fear and Greed Index Records 32 Points... Remains in Fear Stage

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Uk Jin

Summary

  • The virtual asset fear and greed index fell to 32 points, maintaining the fear stage.
  • Bitcoin recorded a 1.36% decline, reflecting the mixed trend of the overall virtual asset market.
  • Ethereum and TRON rose, while other major altcoins showed a downward trend.

According to the virtual asset (cryptocurrency) data provider Alternative on the 19th, the virtual asset fear and greed index recorded 32 points, down 2 points from the previous day.

As of 9:15 a.m. on the same day, Bitcoin (BTC) is trading at $82,745 on CoinMarketCap, down 1.36% from the previous day.

Altcoins showed mixed trends. At the same time, Ethereum and TRON rose by 0.44% and 8.49%, respectively. On the other hand, XRP (-2.05%), Solana (-1.62%), Binance Coin (-0.88%), ADA (-1.89%), and Dogecoin (-2.75%) showed weakness.

The fear and greed index is an indicator that expresses market sentiment, with 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 volume (10%).

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Uk Jin

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