Virtual asset Fear and Greed Index records 49 points… 'Neutral' stage maintained
Summary
- The virtual asset Fear and Greed Index remained at 49 points, maintaining the 'neutral' stage.
- The index rose by 1 point from the previous day, slightly improving investor sentiment.
- The index is calculated based on volatility, trading volume, social media, surveys, Bitcoin market cap dominance, Google search volume.
The virtual asset (cryptocurrency) Fear and Greed Index rose by 1 point compared to the previous day, showing a slight improvement in investor sentiment. The Fear and Greed Index is a measure of market sentiment: values closer to 0 indicate extreme fear, while values closer to 100 indicate extreme greed.
On the 21st (local time), the Fear and Greed Index provided by virtual asset analytics company Alternative stood at 49 out of 100, maintaining the 'neutral' stage. The index rose 1 point from the previous day (48 points), showing a slight recovery in market sentiment.
The 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%), among others.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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