Crypto 'Fear-Greed Index' at 52...greed to neutral. A big drop.

Crypto data provider Alternative's self-assessed 'Fear-Greed Index' rose to 52, within 8 points of the previous day. The deterioration in sentiment has moved the index from the greedy phase to neutral. 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 cap (10%) and Google searches (10%).