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Crypto Fear and Greed Index Drops to 56, Market Remains in Greed Territory
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According to a report by Jinse Finance, data from Alternative shows that today’s Crypto Fear & Greed Index has dropped to 56 (compared to 60 yesterday), with last week’s average at 67, indicating the market remains in a state of greed. Note: The Fear & Greed Index ranges from 0 to 100 and is composed of the following indicators: volatility (25%), market trading volume (25%), social media sentiment (15%), market surveys (15%), Bitcoin’s dominance in the overall market (10%), and Google trend analysis (10%).
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