2-5-2025 – The cryptocurrency market is witnessing a notable shift in sentiment, with the Fear and Greed Index climbing to 67 today from a more cautious 53 the previous day. This ascent into the ‘greed’ territory reflects a burgeoning confidence among investors, painting a vivid picture of a market tilting toward optimism.
Crafted from a blend of key metrics, the Fear and Greed Index, which spans from 0 to 100, serves as a barometer of market mood. It draws on volatility and market trading volume, each contributing 25% to the score, alongside social media engagement and market surveys, which account for 15% apiece. The index also factors in Bitcoin’s dominance in the broader market at 10%, complemented by an analysis of Google search trends, also weighted at 10%. Together, these elements capture the pulse of the crypto sphere, revealing a landscape increasingly coloured by enthusiasm.