Crypto Fear & Greed Index falls two points to 65, remaining in ‘Greed’ zone

The Crypto Fear & Greed Index, provided by software development platform Alternative, stands at 65 as of May 3, down two points from the previous day. Amid slightly 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%).