Summary
- The Crypto Fear & Greed Index recorded 66 points, down 1 point from the previous day, and remained in the 'Greed' stage.
- Bitcoin (BTC) rose 0.16% to $108,200, while major altcoins showed a mostly sideways trend.
- The Fear & Greed Index is a key indicator reflecting market sentiment and is calculated by combining multiple factors.
According to the cryptocurrency data provider Alternative.me on the 6th (Korean time), the Crypto Fear & Greed Index recorded 66 points, down 1 point from the previous day, while maintaining the 'Greed' stage.
As of 9:06 a.m. that day, Bitcoin (BTC) was trading at $108,200, up 0.16% from the previous day.
Major altcoins were also sideways. At the same time, Ethereum (ETH) showed a slight bullish trend with a 0.21% gain, while XRP (XRP) showed a slight bearish trend with a 0.12% drop. In addition, Solana (-0.08%), Binance Coin (+0.40%), Tron (+0.24%), Dogecoin (+0.70%), and Cardano (+0.47%) all showed minor increases or decreases compared to the previous day.
The Fear & Greed Index is an indicator that expresses market sentiment, indicating extreme fear as it approaches 0 and extreme greed as it approaches 100. 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.
![[Exclusive] KakaoBank meets with global custody heavyweight…possible stablecoin partnership](https://media.bloomingbit.io/PROD/news/a954cd68-58b5-4033-9c8b-39f2c3803242.webp?w=250)
![Trump ally Myron, a Fed governor, resigns White House post…pushing for rate cuts until Warsh arrives? [Fed Watch]](https://media.bloomingbit.io/PROD/news/75fa6df8-a2d5-495e-aa9d-0a367358164c.webp?w=250)
