Virtual Asset Fear & Greed Index Records 34 Points

Source
Uk Jin

Summary

  • Bitcoin rose by 0.24% to $82,660 compared to the previous day.
  • Ethereum and Binance Coin showed an upward trend of 1.05% and 0.77%, respectively.
  • The Fear & Greed Index represents market sentiment and continues to record 34 points.

According to Alternative, a virtual asset (cryptocurrency) data provider, the Virtual Asset Fear & Greed Index recorded 34 points, the same as the previous day.

As of 9:03 AM, Bitcoin (BTC) is trading at $82,660 on CoinMarketCap, up 0.24% from the previous day.

Altcoins also showed a steady trend. At the same time, Ethereum and Binance Coin rose by 1.05% and 0.77%, respectively. Additionally, XRP (-1.51%), Solana (+0.17%), Dogecoin (+0.52%), and ADA (+0.95%) showed volatility around 1%.

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%).

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Uk Jin

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