Crypto 'Fear & Greed Index' Steady at 74, Market Still in Greed Zone

IconCryptoNewsTerminal Staff15 Jun, 2024

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Crypto 'Fear & Greed Index' Steady at 74, Market Still in Greed Zone

Alternative, a provider of cryptocurrency data, reported that the 'Fear & Greed Index' remained at 74 today, the same as the previous day. This indicates that the market is still in a state of greed. The index ranges from 0 to 100, with 0 indicating extreme fear and 100 indicating extreme greed. The Fear & Greed Index is calculated based on several different factors, including volatility, trading volume, social media mentions, surveys, Bitcoin market cap dominance, and Google search volume. At 74, the index suggests that investors are feeling optimistic about the cryptocurrency market and are willing to take on risk.

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