Summary
- The virtual asset Fear and Greed Index was reported to have maintained the 'Neutral' stage at 53 points.
- The index rose by 1 point from the previous day, showing a slight increase in investor sentiment.
- The Fear and Greed Index was said to be calculated based on market sentiment and various factors such as volatility, trading volume, and social media.
The virtual asset (cryptocurrency) Fear and Greed Index rose by 1 point compared to the previous day, showing an increase in investor sentiment. The Fear and 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 19th (local time), the Fear and Greed Index provided by virtual asset analytics firm Alternative is currently 53 out of a 100-point scale, maintaining the 'Neutral' stage. The index rose by 1 point from the previous day (52 points), showing a slight contraction in market atmosphere.
The Fear and Greed Index is calculated based on volatility (25%), trading volume (25%), social media (15%), surveys (15%), Bitcoin market cap dominance (10%), Google search volume (10%), and others.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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