Virtual asset Fear & Greed Index 49 points… 'Neutral' stage maintained

Source
Son Min

Summary

  • The virtual asset Fear & Greed Index remained at 49 points in the 'Neutral' stage.
  • The index rose by 1 point from the previous day, showing a slight recovery in market sentiment.
  • The index calculation reflects volatility, trading volume, social media, surveys, Bitcoin market cap dominance, and Google search volume.

The virtual asset (cryptocurrency) Fear & Greed Index rose by 1 point compared to the previous day, showing signs of investor sentiment recovering. The Fear & Greed Index is an indicator of market sentiment: values close to 0 indicate extreme fear, while values close to 100 indicate extreme greed.

On the 10th (local time), the Fear & Greed Index provided by virtual asset analytics firm Alternative stood at 49 out of 100, maintaining the 'Neutral' stage. The index rose by 1 point from the previous day (48 points), showing a slight 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%).

publisher img

Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
What did you think of the article you just read?