- The Crypto Fear & Greed Index dropped 8 points to 70, compared to the previous day.
- Bitcoin price fell sharply by 5.28%, requiring investors' attention.
- Major altcoins like Ethereum, Ripple, and Dogecoin also recorded a downward trend.
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 Alternative on the 8th, the Crypto Fear & Greed Index recorded 70 points.
As of 9 a.m. today, Bitcoin (BTC) is trading at $96,861 on CoinMarketCap, a sharp drop of 5.28% from the previous day.
Most altcoins also recorded a downward trend. At the same time, Ethereum (ETH) fell by 8.13%, while Ripple and Dogecoin (DOGE) dropped by 5.94% and 10.04%, respectively. Additionally, Binance Coin (-4.43%), Solana (-7.59%), Cardano (-9.27%), and Tron (-5.89%) also experienced 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 dominance (10%), and Google Trends (10%).
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.PiCK News
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