Summary
- The Crypto Fear & Greed Index recorded 64 points, signaling a return to the greed level.
- Both Bitcoin and altcoins showed strength with rising prices.
- The Fear & Greed Index is an important indicator reflecting changes in market sentiment.
According to Alternative.me on the 4th (Korean time), the Crypto Fear & Greed Index recorded 64 points, up 11 points from the previous day.
As of 9:01 a.m. today, Bitcoin (BTC) is trading at $114,226, up 1.45% from the previous day.
Altcoins also succeeded in rebounding. Ethereum (ETH) climbed by 2.76%, and XRP jumped 5.88%. Binance Coin (+1.93%), Solana (+2.00%), Cardano (+4.02%), Dogecoin (+3.66%), and Tron (+1.80%) also showed gains.
The Fear & Greed Index is an indicator that expresses market sentiment: the closer it is to 0, the more extreme the fear; the closer to 100, the more extreme the greed. This 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%).
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
