Summary
- The virtual asset Fear & Greed Index recorded 43 points, indicating that the market's fear sentiment persists.
- Bitcoin (BTC) fell 2.25% from the previous day to 112,682 dollars, and altcoins also generally showed weakness.
- The Fear & Greed Index is calculated reflecting various market indicators such as volatility, trading volume, and social media.
On the 23rd, according to cryptocurrency data provider Alternative.me, the virtual asset Fear & Greed Index fell 2 points from the previous day to 43.
As of 9 a.m. that day, Bitcoin (BTC) was at 112,682 dollars on CoinMarketCap, down 2.25% from the previous day.
Altcoins also faltered. At the same time, Ethereum (ETH) and XRP fell 5.59% and 4.00% respectively. In addition, Solana (-6.91%), Binance Coin (-5.72%), Dogecoin (-7.74%), TRON (-0.73%), and Cardano (-6.70%) also showed weakness.
The Fear & Greed Index is an indicator that reflects market sentiment, with values close to 0 indicating extreme fear and values close to 100 indicating extreme greed. The 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.
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