Crypto 'Fear-Greed Index' at 62... Investor sentiment slows slightly

Crypto data provider Alternative's self-assessed Fear-Greed Index fell two points from the previous day to 62. The greed phase continued, although confidence declined slightly. The index indicates extreme fear in the market when it approaches zero, and extreme optimism when it approaches 100. The Fear-Greed Index is calculated based on volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), bitcoin market cap (10%) and Google searches (10%).