
Alternative data showed crypto market sentiment stayed in “extreme fear” on June 30, though the reading improved from 12 a day earlier.
The crypto Fear and Greed Index rose to 15 on June 30 from 12 a day earlier, indicating that market sentiment remained in “extreme fear” even as conditions slightly improved, according to Alternative data. The index uses a 0-100 scale, with lower readings signaling deeper risk aversion. Alternative says the measure is derived from volatility, market trading volume, social media heat, market surveys, Bitcoin’s share of the overall market and Google search trend analysis. The uptick suggests panic eased modestly, but sentiment remained firmly in one of the market’s most cautious zones.