Virtual asset Fear & Greed Index records 49 points… 'Neutral' phase continues

Son Min

Summary

  • The virtual asset Fear & Greed Index maintained the 'neutral' phase at 49 points.
  • It reported that the index fell 1 point from the previous day, showing a slightly contracted market atmosphere.
  • It reported that the Fear & Greed Index is calculated based on various factors such as volatility, trading volume, and social media.

The virtual asset (cryptocurrency) Fear & Greed Index fell by 1 point from the previous day, showing a reduction in investor sentiment. The Fear & Greed Index is an indicator that expresses market sentiment; the closer to 0, the extreme fear, and the closer to 100, the extreme greed.

On the 1st (local time), the Fear & Greed Index provided by crypto asset analytics firm Alternative is currently 49 out of 100, maintaining the 'neutral' phase. The index fell 1 point from the previous day (50 points), showing a slightly contracted market atmosphere.

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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