Crypto 'Fear-Greed Index' at 70... Investor Sentiment Slows Slightly

Crypto data provider Alternative's self-estimated Fear-Greed Index fell one point from the previous day to 70. The greed stage remained intact despite a slight contraction in confidence. The index indicates extreme fear in the market as it approaches zero, and extreme optimism as it approaches 100. The Fear 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%).