🟢 Current market situation
The fear and greed index of the cryptocurrency market is currently at 65 (Greed). This indicates that optimism and high investor activity dominate the market. Compared to yesterday's figure (67), there is a slight decrease. A week ago, the index was 53 (Neutrality), and a month ago it was 24 (Extreme Fear).
🌐 Capitalization and volumes
The global capitalization of the cryptocurrency market is $3.06 trillion, which is 2.47% higher compared to the previous day.
The total trading volume over the last 24 hours is $102.86 billion (+25.01%).
The market share of DeFi is $20.19 billion (19.63% of the total volume).
The volume of stablecoins is $94.11 billion (91.49% of the total cryptocurrency market volume).
Dominance of #Bitcoin is 64.16%, with a decrease of 0.08% over the last day.
💡 Conclusions
🌟 The greed index indicates optimism among investors, which may signal a bullish sentiment in the market.
📈 The increase in global capitalization and trading volumes confirms active market growth.
🪙 Among cryptocurrencies, there is notable dominance #bitcoin , despite a slight decrease in its share.
🚀 The leaders of growth at the moment are #eos , #BCH and #STX, which indicates their relevance and demand in the market.
📉 Among the negative movements, #ERD, #FTM and #XMR , stand out, which may be related to local news or a correction after growth.
👉 The market is in a phase of optimism, but it is important to remember that a sharp increase in the greed index may precede a correction.
