Cryptocurrency investment sentiment greed maintained... Fear & Greed Index 70

Cryptocurrency Fear-Greed Index (Source: Alternative)

The investment sentiment of the cryptocurrency market has rapidly contracted, and the 'Fear-Greed Index' has risen to 70.

According to cryptocurrency data provider Alternative, the Fear-Greed Index remained at the same level as the previous day, recording 70. This index indicates that the closer it is to 0, the more investors feel extreme fear, and the closer it is to 100, the more the market is overheated.

This index is calculated based on factors such as ▲Market Volatility (25%) ▲Trading Volume (25%) ▲SNS Mentions (15%) ▲Surveys (15%) ▲Bitcoin Market Cap Ratio (10%) ▲Google Search Volume (10%).