Crypto 'Fear-Greed Index' 77...highestsince 6/6, BTC dominance 60.2%... 3-year high

Crypto data provider Alternative's self-estimated “Fear-Greed Index” has risen five points from the previous day to 77. This is the highest reading since June 6 (78). Sentiment improved and moved into the extreme greed phase. The index indicates extreme fear in the market when it is close to zero, and extreme optimism when it is close to 100. 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%).

Meanwhile, BTC dominance hit 60.23% as of Oct. 30 (local time), the highest level in nearly three and a half years since April 2021, according to TradingView data.