Summary
- The crypto Fear and Greed Index was reported to be 50, unchanged from the previous day.
- Bitcoin fell 1.90% from the previous day, but major altcoins such as Ethereum, XRP, Binance Coin, and Solana showed gains.
- The Fear and Greed Index is an indicator of market sentiment and is calculated based on volatility, trading volume, social media, surveys, Bitcoin market cap dominance, and Google search volume.
On the 30th, according to crypto (cryptocurrency) data provider Alternative, the crypto Fear and Greed Index recorded 50, the same as the previous day.
As of 9 a.m. that day, Bitcoin (BTC) was trading on CoinMarketCap at 114,315 dollars, down 1.90% from the previous day.
Altcoins also showed strength. At the same time, Ethereum (ETH) and XRP (XRP) rose 1.96% and 0.55%, respectively. In addition, Binance Coin (+3.62%) and Solana (+1.49%) showed gains. Meanwhile, Dogecoin (-1.04%) and Cardano (-0.41%) fell.
The Fear and Greed Index is an indicator expressing market sentiment: values closer to 0 indicate extreme fear, while values closer to 100 indicate 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
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