Crypto Fear & Greed Index falls to 34, remaining in ‘Fear’ zone

The Crypto Fear & Greed Index, provided by software development platform Alternative, stands at 34, down five points from yesterday. Amid weakened sentiment, the index remained in the “Fear” 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%).