Data shows the Bitcoin Fear & Greed Index has returned back to the neutral territory, a sign that investors are losing optimism.
Bitcoin Fear & Greed Index Has Reset Back To Neutral
The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the average sentiment present among the traders in the Bitcoin and wider cryptocurrency markets.
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The index makes use of the data of these five factors in order to determine the trader mentality: trading volume, market cap dominance, volatility, social media sentiment, and Google Trends.
The indicator represents the calculated sentiment as a score lying between zero and hundred. Values above the 54 mark correspond to the dominance of greed in the market, while those below 46 to
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