Crypto 'Fear & Greed Index' at 30...Fear persists
CryptoNewsTerminal Staff19 Aug, 2024
Crypto 'Fear & Greed Index' at 30...Fear persists
The 'Fear & Greed Index', a measure of investor sentiment towards cryptocurrencies, has risen to 30, still indicating fear in the market. This index is calculated based on factors including volatility, trading volume, and social media mentions. Despite a slight increase from yesterday's 28, the index remains below the neutral mark of 50, suggesting that investors are still cautious about cryptocurrencies.
