Bitcoin Fuels Crypto Sentiment as Fear and Greed Index Climbs to 28
BTC/USDT
$17,366,629,629.18
$71,554.95 / $68,531.50
Change: $3,023.45 (4.41%)
-0.0023%
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COINOTAG News, citing Alternative Data, reports that the cryptocurrency market’s Fear and Greed Index is 28 today, up from 23 yesterday. The movement signals a retreat from extreme fear into the fear zone, reflecting a modest shift in risk appetite and cautious trading dynamics across assets.
On a 0-100 scale, the index aggregates six indicators: Volatility (25%), Market Volume (25%), Social Media Hype (15%), Market Sentiment (15%), Bitcoin Dominance (10%), and Google Trends Analysis (10%). This formula provides a transparent framework for assessing current risk posture.
Traders should monitor sub-indicator signals for early cues of regime shifts. While moving away from extremes reduces panic, the current reading underscores disciplined risk management and the use of alternative data to validate price action and liquidity.