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Crypto Market Sentiment On February 7: Market Is Still In "Extreme Greed"

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Coinness reporter

Sun, 07 Feb 2021, 02:34 am UTC

Citing statistics from alternative.me, the Fear & Greed Index currently reads 86, two units more than yesterday's, indicating the crypto market is still in "Extreme Greed."

Note: As per the index, a value of 0 means "Extreme Fear" while a value of 100 represents "Extreme Greed." The current index is for Bitcoin only and is measured based on volatility (25%), market momentum/volume (25%), social media (25%), surveys (15%), dominance (10%), and trends (10%).

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