Crypto market still bullish as fear and greed index remains in 'extreme greed'

IconCrypto News Terminal25 Apr, 2024

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Crypto market still bullish as fear and greed index remains in 'extreme greed'

Cryptocurrency data provider Alternative's own estimated 'Fear & Greed Index' is 72 today, same as the previous day. The greed stage continues. When the index is closer to 0, it indicates extreme fear in the market, and when it is close to 100, it means extreme optimism. The Fear & Greed Index is calculated based on volatility (25%), trading volume (25%), SNS mentions (15%), surveys (15%), bitcoin's market cap weight (10%), and Google search volume (10%). Previously on 24 April 2024, "Cryptocurrency data provider Alternative's own estimated 'Fear & Greed Index' is 72 today, same as the previous day. The greed stage continues. When the index is closer to 0, it indicates extreme fear in the market, and when it is close to 100, it means extreme optimism. The Fear & Greed Index is calculated based on volatility (25%), trading volume (25%), SNS mentions (15%), surveys (15%), bitcoin's market cap weight (10%), and Google search volume (10%)."

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