The cryptocurrency Fear and Greed Index has declined to 71, reflecting a two-point drop from the previous day’s reading. This shift indicates a slight moderation in market optimism among investors.
Market stability remains evident in the index’s short-term metrics, with the 7-day average holding steady at 72. The 30-day average similarly persists at 71, demonstrating consistent investor caution throughout the past month.
As a key sentiment indicator, the index helps gauge prevailing market emotions—higher values typically signal bullish conditions while lower levels suggest increased prudence. Price volatility and regulatory developments continue to influence fluctuations in this benchmark.