According to BlockBeats, the Alternative data indicates that the cryptocurrency Fear and Greed Index has risen to 43 from yesterday's 25. This suggests a slight improvement in market sentiment, although it remains in the 'fear' category.
The Fear and Greed Index ranges from 0 to 100 and is calculated based on several factors: volatility (25%), market trading volume (25%), social media activity (15%), market surveys (15%), Bitcoin's dominance in the market (10%), and Google Trends analysis (10%).
