Crypto Fear & Greed Index records 70 points… Greed stage maintained

Source
Uk Jin

Summary

  • The Crypto Fear & Greed Index recorded 70 points, remaining at the greed stage.
  • Bitcoin (BTC) is trading at $119,264, up 2.67% from the previous day.
  • Major altcoins showed a mixed trend, reflecting investors' market sentiment.

According to Alternative.me on the 11th (KST), the Crypto Fear & Greed Index recorded 70 points, up 1 point from the previous day.

As of 9:15 AM, Bitcoin (BTC) is trading at $119,264, up 2.67% from the previous day.

Altcoins saw mixed movements. Ethereum (ETH) dropped 0.47%, while XRP fell 1.47%. Binance Coin (+1.09%), Solana (+1.00%), Cardano (-0.48%), Dogecoin (-3.45%), and TRON (+0.95%) all showed a mixed trend.

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 dominance (10%), and Google search trends (10%).

publisher img

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
What did you think of the article you just read?