Summary
- The Crypto Fear & Greed Index is reported to remain at 64 points, continuing in the Greed phase.
- Bitcoin (BTC) and major altcoins are showing modest upward trends.
- This index reflects market sentiment and is calculated based on various factors such as volatility and trading volume.
According to Alternative, a cryptocurrency data provider, on the 3rd (KST), the Crypto Fear & Greed Index recorded 64 points, the same as the previous day.
As of 9:04 AM today, Bitcoin (BTC) is trading at $105,837 on CoinMarketCap, up 0.13% from the previous day.
Altcoins are also strong. At the same time, Ethereum (ETH) and XRP rose by 2.70% and 0.84%, respectively, compared to the previous day. In addition, Binance Coin (+0.81%), Dogecoin (+0.75%), and Cardano (+0.62%) also increased. On the other hand, Tron (TRX) and Solana (SOL) recorded drops of 0.84% and 0.55%, respectively.
The Fear & Greed Index is an indicator that reflects market sentiment: the closer to 0, the more extreme the fear; the closer to 100, the more extreme the 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 data (10%).
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
