Crypto 'Fear-Greed Index' at 72... Sentiment improves

Crypto data provider Alternative's self-estimated Fear-Greed Index rose four points from the previous day to 72. The greed phase continued as sentiment improved. 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%).