Crypto Fear & Greed Index Records 67 Points… Returns to Greed Stage

Uk Jin

Summary

The Crypto Fear & Greed Index rose to 67 points, returning to the greed stage.
Bitcoin rose 2.42% from the previous day, recording $96,537.
Major altcoins like Ethereum, XRP, and Solana also showed upward trends.

According to the cryptocurrency data provider Alternative, the Crypto Fear & Greed Index recorded 67 points, up 14 points from the previous day.

As of 9:09 AM, Bitcoin (BTC) is trading at $96,537 on CoinMarketCap, up 2.42% from the previous day.

Most altcoins also showed strength. At the same time, Ethereum and XRP rose by 2.25% and 0.81%, respectively. Additionally, Solana (+1.98%), Dogecoin (+4.69%), and Ada (+3.11%) also recorded gains.

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 dominance (10%), and Google Trends (10%).