Crypto Fear & Greed Index falls to 71, staying in ‘Greed’ zone

The Crypto Fear & Greed Index, provided by software development platform Alternative, stands at 71 as of May 20, down three points from the previous day. Amid weaker sentiment, the index stayed in the "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 and 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%).