Crypto Fear & Greed Index falls 18 points to 54, entering ‘Neutral’ zone

The Crypto Fear & Greed Index, provided by software development platform Alternative, stands at 54 as of Feb. 5, falling 18 points from the previous day. With this decline, the index has moved from the "Greed" zone to the "Neutral" 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%).