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Cryptocurrency Market Sentiment Escapes 'Extreme Fear' Zone, Fear Greed Index Currently at 29

Cryptocurrency Market Sentiment Escapes ‘Extreme Fear’ Zone, Fear Greed Index Currently at 29

BlockBeats News, October 19th, according to Alternative Data, today’s cryptocurrency fear and greed index slightly increased to 29 (yesterday was 23), the market sentiment moved out of the “extreme fear” zone, with last week’s fear index averaging 24 “extreme fear” and last month averaging 53 “neutral”.

Note: The fear index threshold is 0-100 and includes the following indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin’s Percentage of the Entire Market (10%) + Google Trends Analysis (10%).

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