Crypto Fear & Greed Index falls to 61, staying in ‘Greed’ zone

The Crypto Fear & Greed Index, provided by software development platform Alternative, stands at 61 as of June 13, down 10 points from the previous day. Despite 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%). Currently, surveys are paused.