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Crypto Fear & Greed Index rises by 6 points to 79, entering extreme greed stage

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Uk Jin
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  • The Crypto Fear & Greed Index has risen to 79, entering the extreme greed stage.
  • Bitcoin's price is reported to have risen by 1.31% to $99,784 compared to the previous day.
  • It was added that most altcoins are showing mixed trends.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • 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 CoinMarketCap, the Crypto Fear & Greed Index rose by 6 points to 79 compared to the previous day.

As of 9:08 a.m. today, Bitcoin (BTC) is trading at $99,784 on CoinMarketCap, up 1.31% from the previous day.

Altcoins are showing mixed trends. At the same time, Ethereum (ETH) rose by 0.56%, while Ripple (XRP) fell by 0.25%. Additionally, Solana (+1.07%), Binance Coin (+0.95%), Dogecoin (+0.41%), Cardano (-1.20%), and Tron (+0.87%) showed varied movements.

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 dominance (10%), and Google search trends (10%).

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