According to BlockBeats, the cryptocurrency Fear and Greed Index has increased to 72, up from 70 the previous day, signaling that the market remains in a state of greed.
The Fear and Greed Index, which ranges from 0 to 100, 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 data (10%).
