Summary
- It was reported that the virtual asset fear & greed index rose 1 point to record 46 points.
- It was stated that Bitcoin rose by 1.57% compared to the previous day due to the ongoing upward trend.
- It was reported that most altcoins showed strength and rose together.
According to Alternative, a virtual asset (cryptocurrency) data provider, the virtual asset fear & greed index recorded 46 points, up 1 point from the previous day.
As of 9:40 AM, Bitcoin (BTC) is trading at $87,634 on CoinMarketCap, up 1.57% from the previous day.
Most altcoins also showed strength. At the same time, Ethereum and XRP rose by 3.99% and 0.58%, respectively. Additionally, Binance Coin (+2.34%), Solana (+5.44%), Dogecoin (+5.89%), and ADA (+2.56%) all increased.
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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