According to BlockBeats, the Alternative data indicates that the current crypto Fear and Greed Index stands at 71, slightly up from yesterday's 70, with last week's average at 73. This suggests that market sentiment continues to be in the 'greed' zone.
The Fear and Greed Index ranges from 0 to 100 and is calculated based on several indicators: volatility (25%), market trading volume (25%), social media activity (15%), market surveys (15%), Bitcoin's market dominance (10%), and Google search trends (10%).
