Summary
- The Virtual Asset Fear & Greed Index recorded 72 points, indicating entry into the greed stage.
- Bitcoin is currently trading at $93,576, up 6.94% from the previous day.
- Major altcoins such as Ethereum, XRP, and Binance Coin have also risen together.
According to Alternative, a virtual asset (cryptocurrency) data provider, the Virtual Asset Fear & Greed Index recorded 72 points, up 25 points from the previous day.
As of 9:06 a.m. today, Bitcoin (BTC) is trading at $93,576 on CoinMarketCap, up 6.94% from the previous day.
Altcoins also rose simultaneously. At the same time, Ethereum (ETH) and XRP increased by 11.35% and 6.55%, respectively, while Binance Coin (BNB) rose by 3.72%. Additionally, Solana (+9.00%), ADA (+9.47%), and Dogecoin (+12.31%) also surged.
The Fear & Greed Index is an indicator that expresses 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 market cap dominance (10%), and Google search trends (10%).
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
