Crypto Fear & Greed Index holds at 71, stays in 'Greed' despite Bitcoin pullback
- —Fear & Greed Index reads 71, unchanged from the previous day
- —A reading of 71 sits in the 'Greed' zone on the 0–100 scale
- —Altcoins and on-chain tokens dropped amid the Bitcoin pullback
- —Volatility and momentum/volume each carry 25% weight in the index
Why it matters: The index staying in Greed may mask altcoin weakness, since Bitcoin dominance is baked into the calculation.
Source: TokenPost