Bitcoin-Driven Crypto Fear and Greed Index Rises to 29 from 22, Shifting Away from Extreme Fear

COINOTAG News, referencing Alternative Data, notes the cryptocurrency Fear and Greed Index at 29 today, up from 22 yesterday. The reading signals a shift away from Extreme Fear toward Fear, suggesting a modest improvement in market risk appetite among participants.

The Fear and Greed Index operates on a 0-100 scale and aggregates six pillars: Volatility (25%), Market Volume (25%), Social Media Hype (15%), Market Surveys (15%), Bitcoin’s Dominance (10%), and Google Trends Analysis (10%). The current composition points to a balanced uptick across liquidity, sentiment, and interest drivers rather than a single dominant factor.

From a trader’s perspective, the shift out of Extreme Fear could precede more stable positioning, though validation from price action and volume remains essential. Monitoring Bitcoin’s Dominance and Google Trends Analysis will help gauge potential momentum shifts across the market.

Looking ahead, investors should track the evolving Fear and Greed Index alongside its six inputs to calibrate exposure and risk controls, ensuring decisions rely on credible data and clearly defined investment parameters.

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