Summary
- The virtual asset Fear & Greed Index recorded 30 points and remained in the 'Fear' stage.
- The index rose 3 points from the previous day, indicating that investor sentiment slightly improved.
- The Fear & Greed Index is calculated based on various indicators such as volatility, volume, and social media.
The virtual asset (cryptocurrency) Fear & Greed Index rose 3 points from the previous day, showing an improvement in investor sentiment. The Fear & Greed Index is an indicator of market sentiment, where values close to 0 indicate extreme fear and values close to 100 indicate extreme greed.
On the 24th (local time), the Fear & Greed Index provided by virtual asset analysis firm Alternative stood at 30 out of 100, maintaining the 'Fear' stage. The index rose 3 points from the previous day (27 points), showing a slight improvement in market mood.
The Fear & Greed Index is calculated based on volatility (25%), 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
