Crypto 'Fear & Greed Index' Continues to Signal Greed at 72

IconCrypto News Terminal24 Apr, 2024

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Crypto 'Fear & Greed Index' Continues to Signal Greed at 72

Cryptocurrency data provider Alternative's self-estimated 'Fear & Greed Index' continues to signal Greed, with a score of 72 as of today. This index measures market sentiment, with a score of 0 indicating extreme fear and 100 indicating extreme greed. The index is calculated based on various factors including volatility, trading volume, social mentions, and surveys. The current Greed score of 72 indicates that investors are feeling confident in the cryptocurrency market, despite recent volatility. However, it is important to note that the market can change quickly, and investors should always exercise caution when making investment decisions. Previously on 23 April 2024, the Crypto 'Fear & Greed Index' stood at 72, indicating Greed.

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