According to BlockBeats, on May 6, Alternative data shows that the crypto fear and greed index has dropped to 59 today, down from 52 yesterday, with a weekly average of 60. Market sentiment is in a 'greed' state.
The fear index ranges from 0 to 100, with indicators including volatility, market trading volume, social media popularity, market surveys, Bitcoin's market share, and Google Trends analysis.
