#MarketSentimentToday

The current crypto market sentiment is neutral, with a Fear and Greed Index score of 50, indicating a balanced market ¹. This score is calculated based on various factors, including volatility, market momentum, social media sentiment, surveys, and Bitcoin dominance ¹ ².

*Market Overview*

- Total Market Cap: $2.19T, with a 1.17% increase ³

- BTC Dominance: 56.62%, with a 0.10% decrease ³

- 24h Volume: $150.49B, with a 16.81% decrease ³

*Fear and Greed Index Breakdown*

- Volatility (25%): Measures the current volatility and max drawdowns of Bitcoin ¹

- Market Momentum/Volume (25%): Analyzes buying volumes and market momentum ¹

- Social Media (15%): Monitors hashtags and interaction rates on Twitter ¹

- Surveys (15%): Conducts weekly crypto polls to gauge market sentiment ¹

- Bitcoin Dominance (10%): Tracks the dominance of Bitcoin in the market ¹

- Google Trends (10%): Analyzes search queries related to Bitcoin ¹

Keep in mind that the Fear and Greed Index is updated every 12 hours ². Stay informed and adjust your investment decisions accordingly!#BTC☀ #Hamster #catizen #Ripple💰