Today’s market update is based on the 11:31 AM UTC reading which converts to 4:31 PM in Pakistan. UTC stands for Universal Time Coordinated which is the global standard time. Since Pakistan is +5 hours ahead of UTC you can simply add 5 hours to UTC to know your local time.
The Fear & Greed Index today is at 68 slightly down. This index shows how investors are feeling either fearful or greedy. A score of 0 means extreme fear and 100 means extreme greed. A score of 68 means there is confidence and some greed in the market but it’s not yet in dangerous territory. This score is calculated using data such as Google search trends trading volume volatility and market sentiment surveys. However it can sometimes be inaccurate especially if social media hype or fear is artificially influencing sentiment so it should be used as one of several tools not the only one.
BTC dominance has increased to 63.93% which means Bitcoin makes up nearly 64% of the total crypto market. A rising dominance indicates that investors are shifting funds from altcoins back into Bitcoin generally as a safer option during times of uncertainty. A falling dominance usually means confidence in altcoins and risk-taking behavior.
In price performance Bitcoin is up 2.11% and trading at $105179.15. Ethereum has shown stronger momentum rising 4.16% to $2512.10. Solana is up 2.81% and BNB has gained 0.82%. XRP is up by 1.23% and Dogecoin has also jumped 1.71%.
Overall today’s market mood is bullish with most major coins in the green. However the rising Bitcoin dominance shows that while people are buying they are still preferring safer assets over highly volatile ones signaling caution but not fear.
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