Okay first let’s understand what UTC means
UTC is a global time used for comparing time across countries
is usually 5 hours ahead of UTC
The Fear & Greed Index is 25 out of 100
This shows people are scared or nervous about investing
The lower this number, the more fear there is in the market
If it was 70 or 80, that would mean people are greedy and investing heavily
BTC dominance is now at 63.74%
That means most money in the crypto market is going into Bitcoin
Bitcoin is controlling a bigger share of the market now
The total crypto market cap is $2.61 trillion
That means the whole crypto market is growing
Altcoins (coins other than BTC) also have a $0.95 trillion market cap
So overall, the market is looking bullish
Now let’s look at the main coins:
BTC is at $83,842 and went up by 5.59%
ETH is up by 4.26%
SOL had the biggest gain with 9.67%
BNB went up 2.79%
XRP rose 5.05%
DOGE jumped 5.58%
So, in short, the market is green and going up
There is action in the market and people are investing
But since the Fear Index is still low, it shows people are being a bit careful
