Crypto Fear & Greed Index records 74 points...unchanged from previous day

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Uk Jin

Summary

  • The Crypto Fear & Greed Index remained at a high greed level with 74 points, unchanged from the previous day.
  • Bitcoin rose by 1.57%%, breaking a new all-time high, while major altcoins such as Ethereum, XRP, and Binance Coin also recorded upward moves.
  • The Fear & Greed Index is an indicator of market sentiment, calculated based on a variety of data points such as volatility, trading volume, and social media activity.

According to Alternative on the 14th (KST), the Crypto Fear & Greed Index recorded 74 points, the same as the previous day.

As of 9:17 a.m. today, Bitcoin has risen by 1.57% from the previous day, reaching $119,156. It broke the all-time high once again overnight.

In addition, major altcoins such as Ethereum (+1.19%), XRP (+3.51%), and Binance Coin (+1.01%) also showed an upward trend.

The Fear & Greed Index is an indicator that reflects market sentiment—closer to 0 signals extreme fear, while closer to 100 signals extreme greed. This index is calculated based on volatility (25%), trading volume (25%), social media (15%), surveys (15%), Bitcoin market share (10%), and Google search volume (10%).

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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