Crypto Market Sentiment Remains in 'Fear' Phase as Fear and Greed Index Rises to 29
Publication Time:2024-09-05 09:51:06
According to Golden Finance's report, the Fear and Greed Index for today's cryptocurrency market reached 29 points. This indicates that the market sentiment remains in the 'Fear' phase. The index is calculated based on multiple factors, including market volatility, trading volume, social media popularity, market survey results, Bitcoin's share in the overall market, and analysis of Google hot keywords. Although the index has increased, the market as a whole is still maintaining relatively low emotional levels, and investors should exercise caution when dealing with market fluctuations.
market sentiment
Fear and Greed Index
Crypto Market
Fear Phase