Crypto market sentiment moves out of the "extreme fear" zone, Fear & Greed Index currently at 29
BlockBeats News, October 19, according to Alternative data, today the Crypto Fear and Greed Index slightly rose to 29 (yesterday was 23), indicating that market sentiment has moved out of the "Extreme Fear" zone. Last week, the average Fear Index was 24 ("Extreme Fear"), while last month's average was 53 ("Neutral").
Note: The Fear Index ranges from 0-100 and includes the following indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market surveys (15%) + bitcoin's dominance in the overall market (10%) + Google trend analysis (10%).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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