Crypto Fear & Greed Index records 73 points...Maintains 'greed' phase

Uk Jin

Summary

The Crypto Fear & Greed Index remained at the 'greed' phase with a score of 73 points.
On this day, Bitcoin rose by 0.63%% from the previous day, while Ethereum and XRP also climbed by 1.26%% and 3.94%%, respectively.
The Fear & Greed Index is explained as a key indicator that reflects market sentiment, calculated based on a variety of factors.

According to the virtual asset (cryptocurrency) data provider Alternative.me on the 15th, the Crypto Fear & Greed Index recorded 73 points, down 1 point from the previous day.

As of 9 a.m. today, Bitcoin (BTC) is trading at $119,794 on CoinMarketCap, up 0.63% from the previous day.

Altcoins showed mixed trends. At the same time, Ethereum (ETH) and XRP rose by 1.26% and 3.94%, respectively. In addition, Binance Coin (-0.54%), Solana (+0.71%), Dogecoin (-0.71%), TRON (-0.07%), Cardano (-0.87%), etc., all exhibited mixed movements.

The Fear & Greed Index is an indicator that reflects market sentiment—closer to 0 means extreme fear, while closer to 100 indicates extreme greed. The 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%).

BTC

ETH

XRP