According to alternative data, the Crypto Fear and Greed Index climbed to 11 from 8, suggesting a marginal easing of extreme fear among cryptocurrency investors.
Alternative data indicates that the Crypto Fear and Greed Index increased to 11 today, up from 8 yesterday, signaling slight relief from extreme fear levels. The index compiles factors including volatility, trading volume, social media sentiment, surveys, Bitcoin’s dominance, and Google Trends to measure overall crypto market sentiment.