Crypto Fear Index Rises to 71, Market Remains in Greed
On August 27, according to Alternative data, the Crypto Fear and Greed Index dropped to 71 today (down from 65 yesterday), indicating that market sentiment continues to be in a state of greed. Note: The fear index ranges from 0 to 100 and includes the following indicators: volatility (25%) + market trading volume (25%) + social media activity (15%) + market surveys (15%) + Bitcoin's dominance in the overall market (10%) + Google trends 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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