How does the Crypto Fear and Greed Index work?
XYZ
Apr 10
Each day, Alternate.me calculates a new value from 0 to 100. As of July 2021, the Crypto Fear and Greed Index only uses Bitcoin-related information. The reason behind this is BTC's significant correlation with the crypto market as a whole when it comes to price and sentiment. There are plans in the future to cover other large coins, presumably including Ether (ETH) and BNB.You can divide the index's scale into the following categories: 0-24: Extreme fear (orange) 25-49: Fear (amber/...
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