Summary
- The crypto Fear and Greed Index was reported to have recorded 29 points, unchanged from the previous day.
- As of 9 a.m. that day, Bitcoin rose 1.40% to $108,665, and major altcoins were mostly bullish, it said.
- It said the Fear and Greed Index represents market sentiment by aggregating volatility, trading volume, social media, surveys, Bitcoin market cap dominance, and Google search volume.
On the 20th, according to Alternative, a virtual asset (cryptocurrency) data provider, the virtual asset Fear and Greed Index recorded 29 points, the same as the previous day.
As of 9 a.m. that day, Bitcoin (BTC) was trading at $108,665 on CoinMarketCap, up 1.40% from the previous day.
Most altcoins were also bullish. At the same time, Ethereum (ETH) and XRP (XRP) rose 2.45% and 1.28%, respectively. In addition, Binance Coin (+1.52%), Solana (+0.08%), TRON (+2.34%), Dogecoin (+3.03%), and ADA (+2.86%) also rose.
The Fear and Greed Index is an indicator that expresses market sentiment, with values closer to 0 indicating extreme fear and values closer to 100 indicating extreme greed. The 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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