The Crypto Fear and Greed Index fell to 56 on Sept. 11, down from 69 a day earlier, according to data from Alternative. The reading indicates that the market remains in "greed" territory, but sentiment has cooled from the previous day.
The index runs on a 0-100 scale and is built from several weighted inputs. These include volatility at 25%, market trading volume at 25%, social media activity at 15%, market surveys at 15%, Bitcoin’s share of the broader market at 10%, and Google search trend analysis at 10%.
BlockBeats cited the latest data point as a sign that bullish sentiment in the crypto market has moderated, at least by this measure, compared with the prior session.
The Crypto Fear and Greed Index fell to 56 on Sept. 11, down from 69 the previous day, according to Alternative data cited by BlockBeats. The latest reading shows that the market remains in "greed" territory, though that sentiment has cooled.
The index is measured on a 0-100 scale. Its inputs include volatility (25%), market trading volume (25%), social media activity (15%), market surveys (15%), Bitcoin’s share of the overall market (10%), and Google search trend analysis (10%).
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