Crypto Fear & Greed Index Records 70 Points... Greed Phase Maintained

Source
Uk Jin

Summary

  • The Crypto Fear & Greed Index is reported to remain at 71 points, placing the market in the greed phase.
  • Bitcoin (BTC) declined by 1.13%, while altcoins showed mixed performances, indicating significant volatility for each coin.
  • The Fear & Greed Index reflects market sentiment, so investors are advised to reference it when assessing market conditions.

According to Alternative.me on the 25th (KST), the Crypto Fear & Greed Index remained unchanged from the previous day at 71 points.

As of 10:03 AM that day, Bitcoin (BTC) recorded $117,743, down 1.13% from the day before.

In contrast, altcoins showed mixed performance. Ethereum (ETH) rose 0.41%, while XRP fell 3.36%. Binance Coin (-2.00%), Solana (-4.71%), Cardano (-2.65%), and Dogecoin (-6.88%) also showed a downward trend. However, TRON increased by 0.91% compared to the previous day.

The Fear & Greed Index is an indicator reflecting market sentiment—closer to 0 means extreme fear, while closer to 100 indicates extreme greed. This index is calculated using volatility (25%), trading volume (25%), social media (15%), surveys (15%), Bitcoin market cap dominance (10%), and Google search trends (10%).

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Uk Jin

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