Crypto 'Fear-Greed Index' at 76... Extreme greed for the first time since November 2021.

Crypto data provider Alternative's self-assessed 'Fear-Greed Index' rose five points from the previous day to 76. The rebound in sentiment has moved the index from greed to extreme greed. This is the first time the index has moved to extreme greed since November 2021. The index indicates extreme fear in the market when it approaches 0, and extreme optimism when 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%).