Current Fear and Greed Index: 68 - Market Remains in Greed Zone

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The Fear and Greed Index today stands at 68, remaining in the greed classification, according to Golden Finance.

This indicator, which oscillates on a scale from 0 to 100, evaluates the sentiment of the cryptocurrency market through six main components:

  • Volatility (25%)
  • Trading volume (25%)
  • Popularity on social media (15%)
  • Market surveys (15%)
  • Bitcoin Dominance (10%)
  • Trend analysis in Google searches (10%)

The persistence in the greed zone suggests ongoing optimism among investors in the crypto ecosystem, coinciding with the positive behavior of Bitcoin's price, which is currently trading at $114,448.31, with an increase of +2.14% in the last 24 hours.

This reading of 68 reflects a strong market sentiment, where investors show confidence in the short-term outlook for the crypto asset market.

BTC1.74%
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