Upbit Weekly Report: Stellar Lumens Surges 73% Amid 5.14% Drop in Composite Index... Fear-Greed Index 'Neutral'
According to the weekly report released by Data Lab, an Upbit data-specialized service provided by Dunamu, the digital asset market showed an overall downward c
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- According to the weekly report released by Data Lab, an Upbit data-specialized service provided by Dunamu, the digital asset market showed an overall downward c

According to the weekly report released by Data Lab, an Upbit data-specialized service provided by Dunamu, the digital asset market showed an overall downward correction trend over the past week, but market sentiment remained 'neutral'.
■ Market Index and Sentiment Trends In this survey, the Upbit Composite Index fell by 5.14% compared to the previous week, recording 10,995.80 points. Using October 1, 2017, as the base of 1,000 points to reflect all digital assets in the Upbit KRW market, the Altcoin Index, which indicates the movement of digital assets excluding Bitcoin, also decreased by 4.50% alongside the drop in the composite index. As of 9:00 AM on May 31, the digital asset Fear-Greed Index recorded 45 points, down 4 points from the previous week. Calculated by Upbit by aggregating digital asset price and trading volume data every 5 minutes, this index shows that the current market is in a 'neutral' state.
■ Sector and Individual Asset Returns By sector, the weekly returns were highest in Advertising (13.48%), DID (11.69%), and Enterprise Blockchain (6.59%). Among individual assets, Stellar Lumens showed an increase of 73.30%, recording the highest surge, followed by Zetachain (28.65%) and Space ID (25.54%).
■ Top Market Cap Assets Trends Meanwhile, Bitcoin and Ethereum, which are assets with the largest market capitalization, fell by 6.01% and 6.05%, respectively, leading the overall index decline of the market.