Virtual assets Fear & Greed Index records 52 points… remains in 'neutral' stage

Source
Son Min

Summary

  • The virtual assets Fear & Greed Index was reported to have maintained the 'neutral' stage at 52 points.
  • The index fell by 1 point from the previous day, indicating that investor sentiment slightly decreased.
  • The Fear & Greed Index is calculated based on volatility, trading volume, social media, surveys, Bitcoin market cap dominance, and Google search volume.

The virtual assets (cryptocurrencies) Fear & Greed Index fell by 1 point from the previous day, showing a slight decline in investor sentiment. The Fear & Greed Index is an indicator of market sentiment, where values closer to 0 indicate extreme fear and values closer to 100 indicate extreme greed.

On the 18th (local time), the Fear & Greed Index provided by virtual asset analytics firm Alternative remained at 52 out of 100, maintaining the 'neutral' stage. The index fell 1 point from the previous day (53 points), showing a slightly subdued market mood.

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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