Virtual Asset Fear & Greed Index Records 38 Points… Remains in Fear Stage

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Uk Jin

Summary

  • The virtual asset Fear & Greed Index recorded 38 points, confirming it is still in the fear stage.
  • Bitcoin (BTC) is reported to be trading at $84,889, up 0.71% from the previous day.
  • Altcoins such as Ethereum, XRP, and Solana showed mixed trends.

According to the virtual asset (cryptocurrency) data provider Alternative on the 15th, the virtual asset Fear & Greed Index recorded 38 points, up 7 points from the previous day.

As of 9:57 a.m. on this day, Bitcoin (BTC) is trading at $84,889 on CoinMarketCap, up 0.71% from the previous day.

Altcoins showed mixed trends. At the same time, Ethereum (ETH) rose 1.21%, while XRP and Solana (SOL) fell 0.01% and 0.83%, respectively. Additionally, Binance Coin (-0.14%), Ada (-0.83%), and Dogecoin (-3.29%) also showed weakness during the day.

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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