Crypto 'Fear-Greed Index' at 68... GreedContinues, $40.3 Billion Worth of BTC Options Expire

Crypto 'Fear-Greed Index' at 68... GreedContinues, $40.3 Billion Worth of BTC Options Expire

Crypto data provider Alternative's self-estimated "Fear-Greed Index" remained unchanged from the previous day at 68. The greed phase persisted. 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%).

blockchain crypto cryptocurrency Fear-Greed Index 68 (SpotedCrypto)

Meanwhile, According to crypto options exchange Deribit, $40.3 billion worth of Bitcoin options will expire at 17:00 UTC on July 26th. The put/call ratio is 0.61 and the max pain (the price at which the most option buyers lose premium) is $63,000. At the same time, $1.58 billion worth of Ethereum options expire. The put/call ratio is 0.46 and the max pain price is $3,300.

blockchain crypto cryptocurrency Fear-Greed Index 68 (SpotedCrypto)