Summary
- The Crypto Fear & Greed Index recorded 71 points, remaining in the Greed stage.
- Bitcoin slightly declined from the previous day, while major altcoins showed mixed trends.
- The Fear & Greed Index is an important indicator that evaluates market sentiment, conveying the current emotional state of the market to investors.
According to the cryptocurrency data provider Alternative on the 20th, the Crypto Fear & Greed Index recorded 71 points, down 3 points from the previous day.
As of 9:15 a.m. today, Bitcoin (BTC) is trading at $106,007 on CoinMarketCap, down 0.78% from the previous day.
Altcoins showed mixed trends. At the same time, Ethereum (ETH) rose by 2.66%. On the other hand, Ripple (XRP) (-1.61%), Solana (-2.63%), Binance Coin (-0.02%), Cardano (-1.43%), and Dogecoin (-2.54%) showed a downward trend.
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 volume (10%).
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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