Summary
- The Crypto Fear & Greed Index is at 34 points, indicating that the fear stage continues.
- Bitcoin is trading at $83,478, down 0.19% from the previous day, while most altcoins are showing stability.
- The Fear & Greed Index is an indicator of market sentiment, calculated based on data such as volatility, trading volume, and social media.
According to Alternative, a cryptocurrency data provider, the Crypto Fear & Greed Index recorded 34 points, up 4 points from the previous day.
As of 9:38 AM, Bitcoin is trading at $83,478 on CoinMarketCap, down 0.19% from the previous day.
Most altcoins remained stable. At the same time, Ethereum fell by 0.30%, and XRP rose by 1.08%. Additionally, Binance Coin (-0.45%), Solana (-1.43%), Dogecoin (-0.57%), and Ada (-1.09%) also hovered around 1%.
The Fear & Greed Index is an indicator of market sentiment, with values closer to 0 indicating extreme fear and values closer to 100 indicating extreme greed. This index is calculated based on volatility (25%), trading volume (25%), social media (15%), surveys (15%), Bitcoin dominance (10%), and Google Trends (10%).
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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