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Fear and Greed Index daily update

2023-06-03 08:30

This article has been republished with permission from Binance News.

Fear and Greed Index daily update
Today’s Fear & Greed Index is 53, the level is Neutral. 

 
According to Alternative.me, the Crypto Fear and Greed Index stands at 53 (noon, UTC+0), landing in the “neutral” segment. This signifies a neutral level of optimism among the majority of cryptocurrency investors.
Compared to yesterday, the level of Greed had a slight increase from 50 to 53. Throughout last week, the index fluctuated between 48 and 53 indicating an increase in the level of Greed.
The Fear & Greed index is measured from 0 to 100, with 0 representing "Extreme Fear" and 100 representing "Extreme Greed." The index calculates the factors of volatility (25%), market momentum/volume (25%), social media (15%), dominance (10%), Google trends (10%), and survey (15% - currently paused).