- The Crypto Fear & Greed Index fell to 62 points.
- While Bitcoin shows a sideways trend, some altcoins have surged.
- The Fear & Greed Index, which shows market sentiment, is an important reference indicator for investment decisions.
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- 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 12th, the Crypto Fear & Greed Index recorded 62 points, down 7 points from the previous day. While the leading cryptocurrency Bitcoin (BTC) is showing a sideways trend, some altcoins (cryptocurrencies other than Bitcoin) are on the rise.
As of 10:41 AM today, Bitcoin (BTC) is trading at $94,381 on CoinMarketCap, down 0.01% from the previous day.
On the other hand, many altcoins have risen. At the same time, Ethereum (ETH) rose 1.09% from the previous day, while Ripple and Binance Coin each rose 7.00% and 0.83%. Additionally, Solana (+0.17%), Dogecoin (+1.80%), and Ada (+10.59%) also recorded gains. However, TRON (TRX) fell 1.23% from the previous day.
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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