Summary
- The Crypto Fear & Greed Index fell by 4 points to 56 points compared to the previous day, but still remained at the Greed stage.
- As of the morning, Bitcoin (BTC) declined by 0.81%, and while major altcoins mostly fell, some coins saw gains.
- The Fear & Greed Index reflects market sentiment and is calculated based on volatility, trading volume, social media, surveys, Bitcoin market dominance, and Google search volume.
According to Alternative, a cryptocurrency data provider, the Crypto Fear & Greed Index recorded 56 points, down 4 points from the previous day.
As of 9:15 a.m. on the same day, Bitcoin (BTC) was trading at 117,558 dollars on CoinMarketCap, down 0.81% from the previous day.
Altcoins showed mixed trends. At the same time, Ethereum (ETH) and XRP fell by 2.19% and 0.27%, respectively. Binance Coin (-1.49%), Solana (-3.43%), and Tron (-1.42%) also showed weakness. On the other hand, Dogecoin (DOGE) and Cardano (ADA) rose by 2.13% and 2.62%, respectively, compared to the previous day.
The Fear & Greed Index is an indicator that reflects market sentiment; the closer it is to 0, the greater the extreme fear, while the closer it is to 100, the greater the extreme greed. The index is calculated based on volatility (25%), trading volume (25%), social media (15%), surveys (15%), Bitcoin market dominance (10%), and Google search volume (10%).
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.![[Exclusive] FSS to examine ZKsync coin that surged '1,000%' in three hours](https://media.bloomingbit.io/PROD/news/1da9856b-df8a-4ffc-83b8-587621c4af9f.webp?w=250)
