Cryptocurrency investment sentiment decline... Fear and Greed Index 45

Cryptocurrency Fear-Greed Index (Source: Alternative)

As investment sentiment in the Cryptocurrency market rapidly contracted, the 'Fear-Greed Index' dropped to 45. This is the lowest level since April 22, indicating that the market is in a state of fear.

According to Alternative, a Cryptocurrency data provider, the Fear-Greed Index fell by 12 points from the previous day, recording 45. This index indicates that the closer it is to 0, the more extreme fear investors feel, and the closer it is to 100, the more overheated the market is.

The index is calculated based on factors such as ▲Market volatility (25%) ▲Trading volume (25%) ▲SNS mentions (15%) ▲Surveys (15%) ▲Bitcoin market cap dominance (10%) ▲Google search trends (10%).