Crypto Dashboard

Fear & Greed Index (FnG Index)

The cryptocurrency market is highly emotional. During bull markets, people often experience FOMO (Fear of Missing Out) and buy greedily, while in bear markets, they panic sell. The saying goes, “Be greedy when others are fearful.” But how do you know when fear or greed is present? The Fear and Greed Index byalternative.mecalculates this using five data sources: 1. Volatility, 2. Market momentum/volume, 3. Social media, 4. Bitcoin dominance (via CoinMarketCap), and 5. Google Trends. This quantifies market sentiment objectively, rather than relying on personal feelings.

Last Updated at 2024-07-28 16:42:16

Source:alternative.me