Cryptocurrency Fear and Greed Index Rises to 51, Market in "Neutral" State

BlockBeats News, October 29th, according to Alternative Data, today's cryptocurrency Fear and Greed Index has risen to 51, up from 50 yesterday, with a weekly average of 25. Market sentiment has shifted from "Extreme Fear" last week to a "Neutral" state.

Note: The Fear Index threshold is 0-100 and includes the following indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin's Dominance (10%) + Google Trends Analysis (10%).