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Cryptocurrency Fear and Greed Index Rises to 38, Fear Begins to Subside

BlockBeats News Update, October 13: According to Alternative Data, today’s cryptocurrency fear and greed index has dropped to 38 (yesterday it was 24), indicating a slight relief in market fear sentiment.

Note: The fear index ranges from 0 to 100 and includes the following indicators: Volatility (25%) + Market Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin’s Dominance in the Market (10%) + Google Trends Analysis (10%).

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