Crypto 'Fear-Greed Index' at 77...extreme greed shifts to the extreme

Crypto data provider Alternative's self-estimated “Fear-Greed Index” rose seven points from the previous day to 77. The improved sentiment shifted the index from the greed stage to the extreme greed stage. The index indicates extreme fear in the market as it approaches zero, and extreme optimism as it approaches 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%).