Cryptocurrency Market Shows Increased Greed Sentiment

According to BlockBeats, the Alternative data indicates that the cryptocurrency Fear and Greed Index has risen to 74 today, up from 73 yesterday, reflecting a growing 'greed' sentiment in the market. The Fear and Greed Index ranges from 0 to 100 and is calculated based on several factors: volatility (25%), market trading volume (25%), social media activity (15%), market surveys (15%), Bitcoin's market dominance (10%), and Google Trends analysis (10%).