Summary
- The crypto Fear and Greed Index reportedly rose 8 points from the previous day to 64 points.
- The price of Bitcoin (BTC) climbed 0.97% and is currently at $105,644.
- Major altcoins like Ethereum (ETH), XRP, Binance Coin, Solana, Dogecoin, and Tron were also reported as being firmly bullish compared to the previous day.
According to Alternative, a crypto (cryptocurrency) data provider, on the 2nd (Korea Standard Time), the Fear and Greed Index for crypto assets rose by 8 points from the previous day to reach 64 points.
As of 9:06 am today, Bitcoin (BTC) is trading at $105,644 on CoinMarketCap, up 0.97% from the previous day.
Altcoins also remained firmly bullish. At the same time, Ethereum (ETH) and XRP each rose by 0.37% and 0.21% from the previous day. In addition, Binance Coin (+0.42%), Solana (+0.60%), Dogecoin (+0.68%), and Tron (+2.00%) all posted gains versus the previous day.
The Fear and Greed Index is an indicator that reflects market sentiment: the closer it is to 0, the greater the extreme fear; the closer to 100, the greater the extreme greed. This index is calculated on the basis of volatility (25%), trading volume (25%), social media (15%), surveys (15%), Bitcoin market dominance (10%), Google search volume (10%), etc.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.![[Market] Bitcoin falls below $71,000…Lowest level since October 2024](https://media.bloomingbit.io/PROD/news/0e5880b9-61dd-49d4-9d2e-c47a3fb33a93.webp?w=250)
