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Bitcoin Fear & Greed Index Reads 29, Remains in Fear Territory

The daily gauge was one point above its previous reading of 28 and uses a 0-to-100 scale.

By Enna Lee
Published
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A brass needle rests in the lower amber band of a sentiment gauge / TokenPost.ai
A brass needle rests in the lower amber band of a sentiment gauge / TokenPost.ai

The Fear & Greed Index for Bitcoin (BTC) registered 29 in its latest available reading, up from 28 the day before, placing the gauge in the “Fear” category.

The daily measure runs from 0, or “Extreme Fear,” to 100, or “Extreme Greed.” Volatility accounts for 25% of the index, as does the combined market momentum and volume component.

Social media and surveys each account for 15%, though surveys are paused. Dominance and search trends each make up 10%.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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