Crypto Fear & Greed Index Rises by 3 Points to 73

Uk Jin

Summary

The Crypto Fear & Greed Index recorded 73 points, indicating an increase in market greed.
Major altcoins, including Bitcoin, showed an upward trend.
Most cryptocurrencies showed strength, except for TRON.

According to the cryptocurrency data provider Alternative on the 13th, the Crypto Fear & Greed Index rose by 3 points to 73 compared to the previous day.

As of 9 a.m. today, Bitcoin (BTC) is trading at $104,051 on CoinMarketCap, up 1.32% from the previous day.

Altcoins also showed an upward trend. At the same time, Ethereum (ETH) rose by 7.64%, and Ripple (XRP) increased by 1.79%. Additionally, Solana (+5.54%), Binance Coin (+0.82%), Dogecoin (+4.59%), and Ada (+1.88%) also showed strength. On the other hand, TRON fell by 0.19% compared to the previous day.

The Fear & Greed Index is an indicator that expresses market sentiment, with a value 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%).