#MarketRebound

Market update

UTC: 00 22 | 11 06 25

Pakistan Standard Time: 05 22 AM

Fear and Greed: 64 out of 100 has increased

BTC Dominance: 64.04 percent and has decreased by 0.06 percent

Total Market Cap: 3.41 Trillion dollars and has dropped by 0.30 percent

Altcoin Market Cap: 1.23 Trillion dollars and has dropped by 0.21 percent

BTC is at 109854 dollars down by 0.13 percent

ETH is at 2811 dollars up by 4.20 percent

SOL is at 164 dollars up by 2.07 percent

BNB is at 670 dollars up by 0.65 percent

XRP is at 2.30 dollars down by 1.05 percent

DOGE is at 0.20 dollars up by 1.08 percent

Fear and Greed Index This index tells the emotional condition of the market. Today it’s 64, which means people are becoming a bit greedy and more confident in the market. If it goes above 70, it usually signals that people are overly confident and a correction might come.How is this calculated? It combines data like: Google search trends Volume of trades Price volatility Social media sentiment Sometimes, this index can be wrong or late. For example, if there’s a major sudden news or a whale moves a large amount of money, this index might lag behind real market movement.

BTC Dominance

It shows how much percentage of the entire crypto market belongs to Bitcoin. Today it is 64.04 percent and slightly decreased. This means people are shifting some money from BTC into altcoins.If the entire market is 100 rupees, about 64 rupees are in BTC today.

Market Cap

This is the total value of the crypto market. Today, the entire crypto market is valued at 3.41 trillion dollars, but it has slightly dropped. Same with the altcoin market cap.

This means either profit-taking is happening or the market is stabilizing for the next move.

UTC Time Note

UTC means Universal Time Coordinated it’s the global standard time.Pakistan is 5 hours ahead of UTC.So if it’s 00 22 UTC, then in Pakistan it’s 05 22 subah. Always check UTC and then add 5 hours to get Pakistan time.