Virtual asset Fear & Greed Index records 15 points… remains in 'extreme fear' stage

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Minseung Kang
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Summary

  • The virtual asset Fear & Greed Index remained at 15 points, staying in the 'extreme fear' stage.
  • The index rose 4 points from the previous day, indicating that investor sentiment has somewhat calmed.
  • The index is calculated based on various indicators such as volatility, trading volume, and social media.
Photo = Screenshot from Alternative
Photo = Screenshot from Alternative

The virtual asset (cryptocurrency) Fear & Greed Index rose 4 points from the previous day, showing a slight easing of investor sentiment. The Fear & Greed Index is an indicator of market sentiment; values near 0 indicate extreme fear, while values near 100 indicate extreme greed.

On the 19th (local time), the Fear & Greed Index provided by virtual asset analytics firm Alternative remained at 15 out of 100, maintaining the 'extreme fear' stage. The index rose 4 points from the previous day (11 points), showing a slight easing of market sentiment.

The Fear & Greed Index is calculated based on volatility (25%), trading volume (25%), social media (15%), surveys (15%), Bitcoin market cap dominance (10%), Google search volume (10%), among others.

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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