Virtual asset Fear·Greed Index 48 points…'Neutral' stage entered

Son Min

Summary

  • The virtual asset Fear·Greed Index rose 9 points from the previous day to 48 points, entering the 'neutral' stage.
  • The index reflects market sentiment; higher values indicate that investors' risk-seeking tendencies are stronger.
  • The index calculation is based on various market data such as volatility, trading volume, and Bitcoin market cap dominance.

The virtual asset (cryptocurrency) Fear·Greed Index rose by 9 points from the previous day, showing a recovery in investor sentiment. The Fear·Greed Index is an indicator of market sentiment; values closer to 0 indicate extreme fear, while values closer to 100 indicate extreme greed.

On the 31st (local time), the Fear·Greed Index provided by virtual asset analytics firm Alternative is currently 48 out of 100, entering the 'neutral' stage. The index rose 9 points from the previous day (39 points), showing a recovery in 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%), and Google search volume (10%).

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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