The Crypto Fear and Greed Index has registered a decline to 70, retreating from its previous position at 73. While this indicates a measurable cooldown in market enthusiasm, the index remains firmly entrenched in the ‘greed’ zone, reflecting ongoing bullish sentiment among cryptocurrency investors.
Ranging from 0 (extreme fear) to 100 (extreme greed), the index serves as a composite sentiment gauge aggregating multiple market indicators. Its calculation assigns weights to: volatility (25%), trading volume (25%), social media engagement (15%), survey data (15%), Bitcoin market dominance (10%), and Google search trends for Bitcoin (10%).
The retreat to 70 marks a noticeable but relatively modest contraction in overall investor optimism, as cryptocurrency markets continue demonstrating resilience within positive sentiment territory. Analysts monitor such shifts closely amid evolving market conditions.