- The Crypto Fear and Greed Index recorded 69 points, down 1 point from the previous day.
- Bitcoin is trading at $94,979, down 1.80% from the previous day, and major altcoins are also showing a downward trend.
- On the other hand, Ripple uniquely rose by 4.03%, showing strength in a declining market.
- 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, the Crypto Fear and Greed Index recorded 69 points, down 1 point from the previous day.
As of 9 a.m. today, Bitcoin (BTC) is trading at $94,979 on CoinMarketCap, down 1.80% from the previous day.
Most altcoins also recorded a downward trend. At the same time, Ethereum (ETH) fell by 1.87%, and Binance Coin (BNB) and Solana (SOL) fell by 0.38% and 2.42%, respectively. Additionally, Dogecoin (-2.07%), Cardano (-4.51%), and Tron (-0.67%) also showed weakness. On the other hand, Ripple rose by 4.03%, recording a solitary upward trend in the declining market.
The Fear and 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%).