Summary
- The virtual asset Fear & Greed Index was reported to have recorded 64 points, a drop of 2 points from the previous day.
- Bitcoin (BTC) was reported to be trading at $107,155, down 1.07%.
- Major altcoins like Ethereum and XRP showed mixed trends.
According to Alternative, a virtual asset (cryptocurrency) data provider, on the 1st (KST), the Fear & Greed Index for virtual assets recorded 64 points, down 2 points from the previous day.
As of 9 a.m. today, Bitcoin (BTC) is trading at $107,155 on CoinMarketCap, down 1.07% from the previous day.
Altcoins showed mixed movements. At the same time, Ethereum (ETH) was down 0.56%, while XRP increased by 1.39%. In addition, Binance Coin (+0.33%), Solana (+1.02%), Tron (+1.04%), Dogecoin (-2.55%), and Cardano (-0.99%) also displayed varied movements.
The Fear & Greed Index is an indicator reflecting 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 dominance (10%), and Google search volume (10%).
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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