Crypto Fear and Greed Index Slightly Recovers But Remains in Fear Zone

IconCryptoNewsTerminal Staff09 Sep, 2024

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Crypto Fear and Greed Index Slightly Recovers But Remains in Fear Zone

The 'Fear and Greed Index' has shown slight improvement, moving from 26 to 33. The index estimates the market sentiment by taking into account volatility, trading volume, social media mentions, a survey, bitcoin market cap ratio, and Google search volume. Despite the slight recovery, the index remains in the fear zone, indicating that the market is still driven by caution.