Crypto Fear and Greed Index falls to 70, still in greed zone
- —Fear and Greed Index: 70 versus 71 a day earlier
- —A reading above 50 means greed, below means fear
- —BTC volatility and momentum each carry 25% weight in the index
- —Surveys are not currently conducted for the index calculation
Why it matters: The index remains in the greed zone, signaling elevated optimism and the risk of a correction if sentiment worsens.
Source: TokenPost