According to COINOTAG News on June 25th, the cryptocurrency Fear and Greed Index inched upward to 66, signaling a shift back into a “Greed” sentiment territory from 65 the previous day. This marks a notable increase compared to the weekly average of 52, reflecting growing market confidence. The index, which ranges from 0 to 100, integrates multiple key indicators including volatility and market trading volume (each weighted at 25%), alongside social media sentiment and market surveys (15% each). Additionally, Bitcoin’s dominance and Google Trends analysis contribute 10% each to the composite score. This comprehensive metric offers investors a nuanced gauge of market psychology, combining quantitative data with sentiment analysis to inform strategic decision-making in the crypto space.
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