#MarketGreedRising

The Crypto Fear & Greed Index, a widely followed metric for gauging investor sentiment in the cryptocurrency market, stood at 60 on August 15, according to the latest data from Alternative, a software development platform. This figure represents a 15-point decline from the previous day’s reading but still remains within the "Greed" zone of the index. The index, which ranges from 0 to 100, provides a snapshot of market psychology, with lower scores indicating fear and higher scores suggesting optimism or greed. A score above 50 typically indicates that market participants are more inclined to take risks, while a score near 0 suggests widespread panic.

The index derives its daily score from a combination of six key factors, each weighted to reflect its influence on market sentiment. These include volatility (25%), market momentum and volume (25%), social media sentiment (15%), surveys (15%, though currently paused), dominance (10%), and Google Trends (10%).