Crypto Fear & Greed Index falls four points to 56, remaining in ‘Greed’ zone

The Crypto Fear & Greed Index, provided by software development platform Alternative, stands at 56 as of April 30, down four points from the previous day. Amid weakened 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%).