Bitcoin Fear and Greed Index Rises to 27, Shifting Market Sentiment from Extreme Fear to Fear

COINOTAG News, October 23 — Drawing on alternative data, the Fear and Greed Index for the cryptocurrency market rose to 27 today from 25 yesterday, with a weekly average of 28 reported last week. The move nudges sentiment away from Extreme Fear toward Fear, signaling a cautious shift in risk appetite as market participants reassess near‑term positioning.

Note: The Fear and Greed Index operates on a 0‑100 scale and aggregates several indicators: Volatility (25%), Market Volume (25%), Social Media Activity (15%), Market Surveys (15%), Bitcoin’s Dominance (10%), and Google Trends (10%). This composite provides a concise read on crowd mood and potential near‑term volatility for cryptocurrency markets.