Crypto Fear and Greed Index Rises to 54 From 51, Remains in Greed Territory
Minseung Kang
Summary
- The Crypto Fear and Greed Index, a gauge of investor sentiment in the cryptocurrency market, edged higher.
- According to BlockBeats, the Crypto Fear and Greed Index compiled by Alternative came in at 54 on the day, up three points from 51 a day earlier.
- Market sentiment remained in 'Greed' territory, and the index reflects volatility, trading volume, social media interest, market surveys, Bitcoin market share and Google search trends.
Forecast Trend Report by Period
Investor sentiment in the cryptocurrency market edged higher.
BlockBeats reported on October 25 that Alternative's Crypto Fear and Greed Index stood at 54, up three points from 51 a day earlier. Market sentiment remained in greed territory.
The index is calculated on a scale of 0 to 100 and reflects volatility, trading volume, social media interest, market surveys, Bitcoin market share and Google search trends.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.