Crypto Fear & Greed Index rises to 86, staying in ‘Extreme Greed’ zone

The Crypto Fear & Greed Index, provided by software development platform Alternative, stands at 86 as of Nov. 16, up six points from the previous day. Amid bullish sentiment, the index remained in the “Extreme Greed” 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%).