Bitcoin Market Sentiment Remains Greedy at 74 on Crypto Fear and Greed Index

On July 14, the Crypto Fear and Greed Index remained steady at 74, mirroring the previous day’s reading and slightly above last week’s average of 73. This sustained level reflects a prevailing greedy market sentiment among investors. The index, which ranges from 0 to 100, integrates multiple metrics including volatility (25%), market trading volume (25%), social media buzz (15%), market surveys (15%), Bitcoin’s market dominance (10%), and Google Trends data (10%). These combined indicators provide a comprehensive gauge of market psychology, signaling that traders remain optimistic despite recent fluctuations. Monitoring this index is crucial for investors aiming to assess risk appetite and market momentum in the cryptocurrency sector.