Crypto Fear & Greed Index Records 73 Points, Maintaining Greed Stage

Source
Uk Jin

Summary

  • The Crypto Fear & Greed Index recorded 73 points, remaining in the greed stage.
  • Bitcoin (BTC) rose by 0.91%, trading at $108,986.
  • Among altcoins, Ethereum (ETH) showed slight gains, reflecting the mixed market trends.

According to the cryptocurrency data provider Alternative on the 26th, the Crypto Fear & Greed Index recorded 73 points, down 1 point from the previous day.

As of 9:10 a.m. today, Bitcoin (BTC) is trading at $108,986 on CoinMarketCap, up 0.91% from the previous day.

Altcoins showed mixed trends. Ethereum (ETH) rose by 0.56%. Ripple (XRP) and Binance Coin also showed slight gains of 0.30% and 0.37% respectively. On the other hand, Solana and Dogecoin showed slight declines of 0.40% and 0.49% respectively.

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 volume (10%).

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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