Summary
- The virtual asset Fear and Greed Index was reported to have recorded 38 points, up 14 points from the previous day.
- Bitcoin (BTC) recorded a 3.93% increase to 115,196 dollars, and major altcoins also generally showed strength.
- The Fear and Greed Index is an indicator reflecting market sentiment and is calculated by aggregating volatility, trading volume, social media, surveys, Bitcoin market cap dominance, and Google search volume.
On the 13th, according to virtual asset (cryptocurrency) data provider Alternative, the virtual asset Fear and Greed Index rose 14 points from the previous day to record 38 points.
As of 9 a.m. that day, Bitcoin (BTC) was trading on CoinMarketCap at 3.93% higher than the previous day, at 115,196 dollars.
Most altcoins also showed strength. At the same time, Ethereum (ETH) and XRP (XRP) rose 10.98% and 6.24%, respectively. In addition, Binance Coin (+11.01%), Solana (+10.98%), Dogecoin (+12.04%), TRON (+2.33%), Cardano (+10.90%) all rose.
The Fear and Greed Index is an indicator that expresses market sentiment: the closer to 0, the extreme fear; the closer to 100, the extreme greed. The index is calculated based on volatility(25%), trading volume(25%), social media(15%), surveys(15%), Bitcoin market cap dominance(10%), Google search volume(10%), and so on.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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