Summary
- The Virtual Asset Fear & Greed Index was reported to maintain the 'Greed' stage at 72 points.
- The index rose by 1 point from the previous day, indicating a recovery of market sentiment.
- Bitcoin was reported to be trading at $118,334, up 0.61%.
The Virtual Asset (Cryptocurrency) Fear & Greed Index rose by 1 point compared to the previous day, showing signs of investor sentiment recovery. The Fear & Greed Index is an indicator representing market sentiment: the closer it is to 0, the more extreme the fear; the closer to 100, the more extreme the greed.
On the 22nd (local time), the Fear & Greed Index provided by the virtual asset analytics company Alternative maintained the 'Greed' stage at 72 out of 100 points. The index rose by 1 point from the previous day’s 71 points, indicating signs of sentiment recovery in the market.
As of 11:22 PM, Bitcoin (BTC) is trading at $118,334 on the Binance USDT market, up 0.61% compared to 24 hours ago.
The Fear & Greed Index is calculated based on criteria such as volatility (25%), trading volume (25%), social media (15%), surveys (15%), Bitcoin market cap dominance (10%), and Google search volume (10%).
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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