Crypto Fear & Greed Index Hits 56: Sentiment Shifts from Fear to Greed

IconCryptoNewsTerminal Staff23 Aug, 2024

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Crypto Fear & Greed Index Hits 56: Sentiment Shifts from Fear to Greed

The Alternative's 'Fear & Greed Index' has surged by 22 points to 56, reflecting a significant shift in sentiment from fear to greed. Volatility, trading volume, SNS mentions, surveys, Bitcoin's market cap dominance, and Google search volume all contribute to the index calculation. This positive shift indicates a growing confidence in the cryptocurrency market.