Crypto Fear & Greed Index rises to 31, entering ‘Fear’ zone

The Crypto Fear & Greed Index, provided by software development platform Alternative, stands at 31, up six points from yesterday. Amid improved sentiment, the index moved from the “Extreme Fear” zone to the “Fear” zone. The index ranges from 0 to 100 where 0 signifies extreme fear and 100 indicates extreme greed in the crypto market. The fear greed index takes into account six different factors: volatility (25%), market momentum/volume (25%), social media (15%), surveys (15%), Bitcoin dominance (10%) and Google Trends (10%).