Bitcoin Fear & Greed Index (crypto sentiment gauge) Rises to 29 from 20, Moving Out of Extreme Fear
Alternative data shows the index shifting from extreme fear to fear on January 27, reflecting changes across volatility, trading volume, and other sentiment indicators.
BTC
Summary
On January 27, alternative data indicated that the Crypto Fear and Greed Index increased to 29 from 20 the previous day. This movement marked a shift from the extreme fear category to the fear range. The index’s calculation incorporates factors such as market volatility, trading volume, social media activity, investor surveys, Bitcoin dominance, and Google search trends, providing a composite measure of cryptocurrency market sentiment.
Terms & Concepts
- Bitcoin Fear & Greed Index: A daily crypto market sentiment gauge combining market and social metrics to classify mood from Extreme Fear to Extreme Greed.
- Extreme Fear: The lowest sentiment band on the index, indicating heightened caution and defensive positioning among investors.