cointurkey
Contributor
What is the Crypto Fear and Greed Index? What does it mean?
Crypto Fear and greed index reflects the sentiments of Bitcoin and other major cryptocurrencies. Fear and greed index; A value of 0 means "Extreme Fear" and a value of 100 means "Extreme Greed". With the rise of Bitcoin, the level of greed in people rises, and when it falls, the level of fear rises. It aims to avoid excessive emotions with the assumptions of the Fear Index and the greed index. The index is based on 6 different factors. These are: Volatility, Market Momentum / Volume, Social Media, Surveys, Dominance and trends. Data sources are taken from 3rd party sites. The information does not include trading advice.Fear And Greed Index Today (22.02.2022) : 20 (extreme fear)
Source: Crypto fear and greed index