Summary
- The virtual asset Fear & Greed Index rose to 59 points, returning to the greed stage.
- Bitcoin (BTC) is slightly up, trading at $94,596.
- The altcoin market is generally showing a sideways trend.
According to the virtual asset (cryptocurrency) data provider Alternative on the 6th, the virtual asset Fear & Greed Index recorded 59 points, up 7 points from the previous day.
As of 9:22 a.m. on this day, Bitcoin (BTC) is trading at $94,596 on CoinMarketCap, up 0.10% from the previous day.
Most altcoins also remained flat. At the same time, Ethereum (ETH) rose 0.18%, and Ripple (XRP) fell 1.43%. Additionally, Binance Coin (+1.80%), Solana (+0.96%), Dogecoin (-0.48%), Cardano (-2.10%), and Tron (+0.12%) also showed a stable trend around 1%.
The Fear & Greed Index is an indicator that expresses market sentiment, indicating extreme fear when close to 0 and extreme greed when close to 100. 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.
