Crypto Fear and Greed Index shifts to neutral at 52

IconCryptoNewsTerminal Staff14 Jul, 2024

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Crypto Fear and Greed Index shifts to neutral at 52

Crypto data provider Alternative's self-estimated 'Fear & Greed Index' recorded 52, up 19 points from the previous day. The sentiment improved, shifting from the fear stage to the neutral stage. The index indicates extreme fear in the market when it is closer to 0, and extreme optimism when it is closer to 100. The fear and greed index is calculated based on volatility (25%), trading volume (25%), SNS mentions (15%), surveys (15%), Bitcoin's market cap ratio (10%), and Google search volume (10%).

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