Virtual Asset Fear & Greed Index Records 31 Points… Drops 14 Points from Previous Day

Uk Jin

Summary

The Virtual Asset Fear & Greed Index maintained the fear stage with a score of 31 points.
Bitcoin's price recorded 83,779 dollars, a 1.78% drop from the previous day.
Most altcoins, including Ethereum and Ripple, showed weakness, but TRON recorded an upward trend.

On the 14th (Korean time), the Virtual Asset (Cryptocurrency) Fear & Greed Index recorded 31 points, a 14-point drop from the previous day. However, it remained in the fear stage. 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.

As of 09:07 AM on this day, the leading virtual asset, Bitcoin (BTC), recorded a 1.78% drop from the previous day to 83,779 dollars.

At the same time, most altcoins also showed weakness. Ethereum (ETH) and Ripple (XRP) fell by 2.46% and 1.95%, respectively. Additionally, Binance Coin (-2.15%), Solana (-3.16%), Dogecoin (-2.95%), and Ada (-3.38%) also declined. On the other hand, TRON (TRX) rose by 3.65% from the previous day.

The Fear & Greed 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%).