- The Crypto Fear & Greed Index recently recorded 75 points, entering the 'Greed' stage.
- Bitcoin and major altcoins have shown an overall downward trend, indicating a price adjustment.
- The Fear & Greed Index, which reflects market sentiment, is calculated considering various factors.
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- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
According to the cryptocurrency data provider Alternative on the 19th, the Crypto Fear & Greed Index recorded 75 points, down 6 points from the previous day.
As of 9 a.m. today, Bitcoin (BTC) is trading at $10,882 on CoinMarketCap, down 5% from the previous day.
Most altcoins are also on a downward trend. At the same time, Ethereum (ETH) fell by 6%, while Ripple (XRP) and Solana (SOL) dropped by 9% and 8%, respectively. Additionally, Binance Coin (-4%), Dogecoin (-9%), Ada (-7.68%), and TRON (-7.52%) also saw significant declines.
The Fear & Greed Index is an indicator that expresses market sentiment, calculated based on factors such as volatility (25%), trading volume (25%), social media (15%), surveys (15%), Bitcoin market cap dominance (10%), and Google search trends (10%).
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.PiCK News
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