Understanding the Crypto Fear & Greed Index: A Comprehensive Guide
What is the Crypto Fear & Greed Index?
The Crypto Fear & Greed Index is an important metric that measures the emotional atmosphere of the cryptocurrency market. It ranges from 0, indicating extreme fear, to 100, indicating extreme greed. This index essentially reflects the feelings and sentiments of investors towards cryptocurrencies at any given time. For anyone looking to invest, understanding the index could be crucial since it influences trading choices and may impact market movements.
How is the Crypto Fear & Greed Index Calculated?
This index is derived from several key market indicators, which are combined to yield its final score. The components include market volatility, trading volume, social media mentions, surveys,…