Crypto Fear & Greed Index Drops to 56, Signaling Ongoing Greed

According to Alternative, the Crypto Fear & Greed Index eased to 60 from 64, with a 7-day average of 70, indicating ongoing “Greed” sentiment despite a day-over-day pullback.

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Summary

According to Alternative, the Crypto Fear & Greed Index fell to 60 from 64 yesterday, with a 7-day average of 70, keeping sentiment in the “Greed” zone. The 0–100 gauge weights volatility (25%), market volume (25%), social media (15%), market surveys (15%), Bitcoin dominance (10%), and Google Trends (10%).

Terms & Concepts
  • Crypto Fear & Greed Index: A sentiment indicator scoring the crypto market from 0 (extreme fear) to 100 (extreme greed) using factors like volatility, trading volume, and social data.
  • Bitcoin Dominance: The share of total crypto market capitalization represented by Bitcoin, used as a component in sentiment and market-structure analysis.