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Cryptocurrency Fear Index Falls to 63, Market Still in Greedy State
Summary: According to Alternative data, the cryptocurrency fear and greed index is at 63 today, down from 64 yesterday (with a weekly average of 66), indicating the market sentiment remains greedy. Note: The fear index threshold is 0-100, including indicators such as volatility (25%) + market trading volume (25%) + social media hype (15%) + market ...
According to Alternative data, the cryptocurrency fear and greed index is at 63 today, down from 64 yesterday (with a weekly average of 66), indicating the market sentiment remains greedy.
Note: The fear index threshold is 0-100, including indicators such as volatility (25%) + market trading volume (25%) + social media hype (15%) + market surveys (15%) + Bitcoin's proportion in the overall market (10%) + Google Trends analysis (10%).
