Crypto Fear & Greed Index Falls to 47 as Market Enters Neutral Zone
The Crypto Fear & Greed Index has recently dropped to 47, marking a transition into the “Neutral” zone from its previous position. This decline of six points in a single day indicates a growing sense of uncertainty among investors. The index, which ranges from 0 to 100, is widely used to assess the emotional state of the cryptocurrency market and guide decision-making. A score of 47 places the market in the “Fear” category, but close to the “Neutral” threshold of 50, signaling a period of indecision rather than strong sentiment in either direction [1].
The index is calculated using six weighted factors, including volatility, market momentum and volume, social media sentiment, Bitcoin dominance, and Google Trends data [1]….