Bitcoin Fear & Greed Index at 37, up 3 points from the previous day
Original headline비트코인 공포·탐욕 지수 37, 전날보다 3포인트 올라
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Bitcoin's Fear & Greed Index, compiled by Alternative.me, registered 37 on the 2nd, up 3 points from the previous day, though it remained in "Fear" territory for a second consecutive session. The reading sits well below the 50 (Neutral) recorded a week ago and the 67 (Greed) from a month ago, signaling a marked deterioration in market sentiment. The index, which spans 0 (Extreme Fear) to 100 (Extreme Greed), is weighted across volatility (25%), market momentum and volume (25%), social media (15%), surveys (15%, currently suspended), Bitcoin market dominance (10%), and Google search trends (10%), with volatility and momentum measured against 30- and 90-day averages. The gauge is currently calculated with a Bitcoin-centric focus, making it a key sentiment barometer for the broader crypto market. Watch for whether the index stabilizes near current levels or extends its month-long slide from Greed into deeper Fear territory.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
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Bitcoin (BTC), Alternative.me
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