Crypto Fear & Greed Index rises to 41, remaining in ‘Fear’ zone

The Crypto Fear & Greed Index, provided by software development platform Alternative, stands at 41 as of Oct. 4, up four points from the previous day. Despite improved sentiment, the index stayed in “Fear” territory. 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%).