# Crypto Market Sentiment On May 08: Market In "Greed"

By Coinness

Canonical URL: https://www.tokenpost.com/news/investing/8379
Published: 2021-05-08T06:34:03.000Z
Updated: 2021-05-08T06:34:03.000Z

Citing statistics from alternative.me, the Fear & Greed Index currently reads 67, 3 units higher than yesterday's, indicating the crypto market is in "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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