Crypto Fear and Greed Index Falls to 57 but Stays in Greed Zone
- —Fear and Greed Index fell to 57 from 69 the previous day
- —The 12-point drop kept the index in greed territory
- —The index measures Bitcoin market sentiment on a 0-100 scale
- —Inputs include volatility, volume, social media, BTC dominance and search trends
Why it matters: The index remains in greed territory, signaling lingering optimism, but the sharp decline points to cooling sentiment.
Source: TokenPost