Crypto Market Sentiment Shifts to Greed as Index Rises
According to PANews, the Alternative data indicates that the crypto Fear and Greed Index has increased to 67 today, up from 53 yesterday, signaling a shift in market sentiment to 'greed.'
The Fear and Greed Index ranges from 0 to 100 and is composed of several indicators: volatility (25%), market trading volume (25%), social media activity (15%), market surveys (15%), Bitcoin's proportion in the overall market (10%), and Google keyword analysis (10%).