Summary
- The crypto Fear & Greed Index reportedly remained at the 'neutral' stage with 53 points.
- The index rose by 1 point compared to the previous day, showing a slight recovery in market sentiment.
- The Fear & Greed Index is calculated based on volatility, trading volume, social media, surveys, Bitcoin market cap dominance, Google search volume.
The crypto (cryptocurrency) Fear & Greed Index rose by 1 point compared to the previous day, indicating an improvement in investor sentiment. The Fear & Greed Index is an indicator that expresses market sentiment; values closer to 0 indicate extreme fear, while values closer to 100 indicate extreme greed.
On the 17th (local time), the Fear & Greed Index provided by virtual asset analysis firm Alternative was 53 out of 100, remaining in the 'neutral' stage. The index rose by 1 point from the previous day (52 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%).
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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