🟢 Current market situation
The fear and greed index of the cryptocurrency market is 70 (Greed), indicating ongoing optimism among investors. Compared to yesterday's figure (70), the situation has remained stable. A week ago, the index was at 52 (Greed), and a month ago — 45 (Fear).
🌐 Capitalization and volumes
Global cryptocurrency market capitalization is $3.485 trillion, which is 0.39% lower compared to the previous day.
The total trading volume over the last 24 hours was $66.58 billion (a decrease of 0.29%).
Dominance #BTC in the market is 59.20%, with a growth of 0.23% over the day.💡 Conclusions
🌟 The greed index remains stable at 70, indicating investor confidence in the current market.
📉 A slight decrease in capitalization and trading volume may indicate a short-term correction or local pullback.
🪙 #bitcoin maintains dominance, showing a growth of 0.23%, indicating its stable popularity amidst a slight correction.
🚀 Meme coins like #Moo Deng (MOODENG) and #Goatseus Maximus (GOAT) continue to lead in growth, showing enormous percentage gains.
📉 #Ethereum shows a decrease for the day but maintains a positive trend for the week and month.
📈 Today's market leaders are lesser-known and highly volatile assets, such as #CHILLGUY and #FWOG, indicating speculative interest.
👉 Investors should be cautious amidst increased activity of meme coins and manage risks when entering highly volatile assets.
