Crypto 'Fear-Greed Index' 28... Fear persists
Crypto data provider Alternative's self-estimated "Fear-Greed Index" fell one point from the previous day to 28. The fear phase persisted. The index indicates extreme fear in the market, with values closer to zero indicating extreme fear, and values closer to 100 indicating extreme optimism. The Fear-Greed Index is calculated based on volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin market capitalization (10%), and Google searches (10%).