Crypto 'Fear-Greed Index' hits 55...greed shifts
Crypto data provider Alternative's self-estimated "Fear-Greed Index" rose one point from the previous day to 55. It switched from the neutral phase to the greed phase. The index indicates extreme fear in the market as it approaches zero, and extreme optimism as it approaches 100. The Fear and Greed Index is calculated based on volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin market capitalization (10%), and Google searches (10%).
