Summary
- On the 12th, the Fear & Greed Index for crypto assets was announced to have fallen 2 points from the previous day to a score of 68.
- Bitcoin fell by 0.30% to $118,873, and major altcoins were also said to be weak.
- The Fear & Greed Index is described as a measure of market sentiment that reflects various indicators such as volatility, trading volume, and social media.
According to Alternative.me on the 12th (KST), the Crypto (Cryptocurrency) Fear & Greed Index recorded 68 points, down 2 points from the previous day.
As of 9:50 AM, Bitcoin (BTC) is trading at $118,873, down 0.30% from the previous day.
Altcoins are also weak. Ethereum (ETH) declined by 0.58%, and XRP dropped by 1.81%. Similarly, Binance Coin (-0.16%), Solana (-3.60%), Cardano (-2.94%), and Dogecoin (-3.98%) also fell. However, TRON (+2.39%) showed a bullish trend.
The Fear & Greed Index is an indicator that expresses market sentiment—closer to 0 means extreme fear, while closer to 100 indicates extreme greed. This indicator 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.
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