Virtual asset Fear & Greed Index records 34 points… remains in fear stage

Source
Uk Jin

Summary

  • The virtual asset Fear & Greed Index is at 34 points, remaining in the fear stage.
  • Bitcoin (BTC) was up 1.77%, reaching 110,522 dollars, but major altcoins showed mixed performance.
  • The index is calculated reflecting market sentiment and key data indicators.

On the 21st, according to virtual assets (cryptocurrencies) data provider Alternative.me, the virtual asset Fear & Greed Index recorded 34 points, up 5 points from the previous day.

As of 9 a.m. that day, Bitcoin (BTC) on CoinMarketCap was trading at 110,522 dollars, up 1.77% from the previous day.

Altcoins were mixed. At the same time, Ethereum (ETH) fell 0.02% while XRP(XRP) rose 4.28%. In addition, Binance Coin (-0.90%), Solana (+0.88%), Tron (+0.63%), Dogecoin (+2.75%), Cardano (+1.67%) also showed mixed results.

The Fear & Greed Index is an indicator that expresses market sentiment; values closer to 0 indicate extreme fear, and 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%).

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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