Bitcoin Market Sentiment Shifts to Neutral as Crypto Fear and Greed Index Drops to 52
BTC/USDT
$17,366,629,629.18
$71,554.95 / $68,531.50
Change: $3,023.45 (4.41%)
-0.0023%
Shorts pay
According to COINOTAG News on June 18, the Crypto Fear and Greed Index has declined to 52 from 68, signaling a shift in market sentiment from “Greed” to “Neutral.” This index, which ranges from 0 to 100, aggregates multiple factors to provide a comprehensive gauge of investor emotions. The calculation incorporates volatility and market trading volume each weighted at 25%, alongside social media sentiment and market surveys contributing 15% each. Additionally, Bitcoin’s market dominance and Google Trends data account for 10% each, reflecting broader market dynamics. This nuanced metric offers investors a valuable tool for assessing current market conditions without relying on speculative forecasts.
