According to BlockBeats, the Fear and Greed Index for cryptocurrencies stands at 71 today, down slightly from 73 yesterday, indicating that market sentiment remains high.
The Fear and Greed Index, which ranges from 0 to 100, is a composite measure that includes several indicators: volatility (25%), market trading volume (25%), social media activity (15%), market surveys (15%), Bitcoin's dominance in the market (10%), and Google search trends (10%).
