Summary
- The crypto Fear & Greed Index remained in the 'Fear' phase at 34 points, down 4 points from the previous day.
- The decline in the Fear & Greed Index indicates a weakening investor sentiment.
- This index is calculated based on various factors such as volatility, trading volume, and social media.
The crypto assets (cryptocurrencies) Fear & Greed Index fell by 4 points from the previous day, showing a decrease in investor sentiment. The Fear & Greed Index is an indicator of market sentiment: values near 0 indicate extreme fear, while values near 100 indicate extreme greed.
On the 15th (local time), the Fear & Greed Index provided by crypto analytics firm Alternative stood at 34 out of 100, remaining in the 'Fear' phase. The index fell 4 points from the previous day (38 points), showing a contraction in market sentiment.
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
