Cryptocurrency Market Sentiment Cools as Fear and Greed Index Drops

According to BlockBeats, the Alternative data indicates that the cryptocurrency Fear and Greed Index has decreased to 57 from yesterday's 62, reflecting a cooling in market 'greed' sentiment. The Fear and Greed Index, which ranges from 0 to 100, is calculated based on several factors: volatility (25%), market trading volume (25%), social media activity (15%), market surveys (15%), Bitcoin's dominance in the market (10%), and Google Trends analysis (10%). source: https://www.binance.com/en/square/post/25190520133289?utm_source=BinanceNewsRSS