Crypto Fear & Greed Index Drops to 42, Market Sentiment Returns to "Fear"

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October 2, 2024
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On October 2nd, according to Alternative data, the Crypto Fear & Greed Index today is 42, down from 50 yesterday, indicating a shift in market sentiment from "Neutral" to "Fear".

Note: The Fear & Greed Index has a scale from 0-100, which is calculated by aggregating the following factors: Volatility (25%), Market Volume (25%), Social Media Heat (15%), Market Surveys (15%), Bitcoin Dominance (10%), and Google Trend Analysis (10%).

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