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Crypto Market Shifts from 'Neutral' to 'Fear', Fear and Greed Index Drops to 33
On April 28, according to Alternative data, the cryptocurrency Fear and Greed Index today stands at 33 (down from 47 yesterday), indicating a shift in market sentiment from ‘neutral’ back to ‘fear’. Note: The fear index threshold ranges from 0 to 100 and includes the following indicators: volatility (25%), market trading volume (25%), social media activity (15%), market surveys (15%), Bitcoin’s dominance in the overall market (10%), and Google Trends analysis (10%).