The Crypto Fear and Greed Index has dropped to 73 today, down from 75 yesterday, suggesting a slight decline in market greed. This shift points to a cooling sentiment among investors.
The index, which ranges from 0 (extreme fear) to 100 (extreme greed), is a composite measure derived from various indicators: market volatility and trading volume each contribute 25%, social media trends and investor surveys account for 15% each, while Bitcoin $BTC dominance and Google search interest contribute 10% each.
This adjustment highlights subtle changes in market dynamics that traders should keep an eye on.
