Summary
- The Crypto Fear & Greed Index scored 79 points, entering the 'extreme greed' stage.
- Bitcoin (BTC) rose by 1.40%, while major altcoins such as Ethereum (ETH) and XRP showed mixed trends.
- The Fear & Greed Index reflects market sentiment and is calculated based on factors such as volatility, trading volume, social media, and Google search data.
According to the cryptocurrency data provider Alternative on the 12th, the Crypto Fear & Greed Index recorded 79 points, up 8 points from the previous day.
As of 9 AM today, Bitcoin (BTC) is trading at $117,612 on CoinMarketCap, up 1.40% from the previous day.
Altcoins showed a mixed trend. At the same time, Ethereum (ETH) and XRP rose by 0.40% and 7.73%, respectively. In addition, Binance Coin (+0.69%), Solana (-0.66%), Dogecoin (+3.35%), TRON (+2.58%), and Cardano (+5.20%) exhibited mixed trends as well.
The Fear & Greed Index is an indicator that reflects market sentiment: the closer the score is to 0, the greater the fear; the closer it is to 100, the greater the greed. The index is calculated based on volatility (25%), trading volume (25%), social media (15%), survey results (15%), Bitcoin market cap dominance (10%), and Google search volume (10%).
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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