Bitcoin Sentiment Improves as Fear & Greed Index Rises to 37 from 30

COINOTAG News, October 25, citing Alternative Data, reports that the cryptocurrency fear and greed index advanced to 37 from 30 overnight, with the prior week’s average at 23. The reading signals a modest improvement in market sentiment, moving away from entrenched fear but remaining cautioned.

At a 0-100 scale, the index aggregates six sub-indicators: Volatility (25%), Market Trading Volume (25%), Social Media Hype (15%), Market Surveys (15%), Bitcoin’s Dominance (10%), and Google Trends Analysis (10%). Investors should note the proportional impact of each component on overall sentiment.

For traders, the shift to a higher fear index can influence near-term risk management and asset allocation decisions, underscoring the value of alt data in confirming directional bias.