Sentiment in the Bitcoin market has marked an improvement recently as the Fear & Greed Index has surged into the neutral zone for the first time in months.
Bitcoin Fear & Greed Index Is Now Pointing At ‘Neutral’
The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the average sentiment present among traders in the Bitcoin and wider cryptocurrency markets. It determines the investor mentality using the data of five factors: market cap dominance, trading volume, volatility, social media sentiment, and Google Trends.
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To represent the sentiment, the index makes use of a numerical scale running from 0 to 100. All values below 47 correspond to fear among the investors, while those above 53 reflect the dominance of
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