According to PANews, the Fear and Greed Index has decreased to 70 today, indicating that the market sentiment remains in the greed zone. Yesterday, the index was at 74.
The Fear and Greed Index ranges from 0 to 100 and is composed of several indicators: volatility (25%), market trading volume (25%), social media activity (15%), market surveys (15%), Bitcoin's market dominance (10%), and Google Trends data (10%).
