Summary
- The crypto asset Fear & Greed Index recorded 63 points, maintaining the 'Greed' phase.
- The index fell by 1 point from the previous day, showing that market sentiment was somewhat subdued.
- The index is an indicator showing market sentiment, calculated based on volatility, trading volume, social media, surveys, Bitcoin market cap dominance, and Google search volume.
The crypto asset (cryptocurrency) Fear & Greed Index fell by 1 point compared with the previous day, showing a reduction in investor sentiment. The Fear & Greed Index is an indicator of market sentiment; values near 0 indicate extreme fear, and values near 100 indicate extreme greed.
On the 3rd (local time), the Fear & Greed Index provided by crypto analytics firm Alternative stood at 63 out of 100, maintaining the 'Greed' phase. The index fell by 1 point from the previous day (64 points), showing a slight contraction in 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%).
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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