Summary
- The virtual asset market's Fear and Greed Index entered the 'Fear' stage at 27 points.
- The index rose 4 points from the previous day, slightly improving market sentiment.
- The index is calculated based on volatility, trading volume, social media, surveys, Bitcoin market cap dominance, Google search trends.
The virtual asset (cryptocurrency) Fear and Greed Index rose 4 points from the previous day, showing a slight improvement in investor sentiment. The Fear and Greed Index is an indicator of market sentiment: the closer to 0, the extreme fear; the closer to 100, the extreme greed.
On the 6th (local time), the Fear and Greed Index provided by virtual asset analytics firm Alternative is currently 27 points out of 100, entering the 'Fear' stage. The index rose 4 points from the previous day (23 points), showing a slight improvement in market sentiment.
The Fear and Greed Index is calculated based on volatility (25%), trading volume (25%), social media (15%), surveys (15%), Bitcoin market cap dominance (10%), and Google search trends (10%).
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
