Crypto Market Sentiment On January 29: Market Moves To "Extreme Greed"

Citing statistics from alternative.me, the Fear & Greed Index currently reads 77, 12 units more than yesterday's, indicating the sentiment of crypto market now is in the status of "Extreme Greed."

Note: As per the index, a value of 0 means "Extreme Fear" while a value of 100 represents "Extreme Greed." The current index is for Bitcoin only and is measured based on volatility (25%), market momentum/volume (25%), social media (25%), surveys (15%), dominance (10%), and trends (10%).

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