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Crypto Market Shifts from 'Fear' to 'Neutral', Fear and Greed Index Rises to 47
On May 3, according to Alternative data, the cryptocurrency Fear and Greed Index today stands at 47 (up from 39 yesterday), indicating a shift in market sentiment from ‘fear’ back to ‘neutral’. Note: The Fear Index ranges from 0 to 100 and includes indicators such as volatility (25%), market trading volume (25%), social media activity (15%), market surveys (15%), Bitcoin’s market dominance (10%), and Google Trends analysis (10%).