Bitcoin Drives Market Sentiment as Fear and Greed Index Rises to 65

On April 26th, COINOTAG reported that the **Fear and Greed Index** for cryptocurrencies has risen to **65**, reflecting an increasing sense of **market bullishness**. This uptick from the previous day’s reading of **60** signifies an emerging wave of **greed** among investors. The Index operates on a scale of **0-100**, factoring in several critical components: **Volatility** (25%), **Market Trading Volume** (25%), **Social Media Hype** (15%), **Market Surveys** (15%), Bitcoin’s overall market dominance (10%), and **Google Trends Analysis** (10%). Such metrics play a vital role in assessing investor sentiment and market momentum. As the crypto ecosystem continues to evolve, these indicators offer essential insights, enabling traders and enthusiasts to navigate the complexities of this dynamic landscape with greater precision.