Crypto Fear & Greed Index falls to 83, staying in ‘Extreme Greed’ zone

The Crypto Fear & Greed Index, provided by software development platform Alternative, stands at 83 as of Nov. 18, down seven points from the previous day. Despite weakened 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%).