Crypto Fear and Greed Index Falls to 57, Remains in Greed Territory
Summary
- The crypto Fear and Greed Index fell 4 points from a day earlier to 57, while remaining in greed territory.
- As of 9 a.m., Bitcoin (BTC) was trading at $76,935, down 0.59% from the previous day.
- Major cryptocurrencies including Ether (ETH), BNB, XRP, Solana, Tron, Hyperliquid, and Zcash were all trading lower.
Forecast Trend Report by Period
Alternative, a cryptocurrency data provider, said on September 14 that its Crypto Fear and Greed Index fell 4 points from a day earlier to 57.
As of 9 a.m., Bitcoin was trading at $76,935 on CoinMarketCap, down 0.59% from the previous day.
Altcoins were also weaker. Ether fell 1.71% and BNB lost 1.44% at the same time. XRP fell 1.48%, Solana dropped 2.08%, Tron slipped 0.62%, Hyperliquid declined 2.43%, and Zcash tumbled 5.40%.
The Fear and Greed Index is a gauge of market sentiment. A reading closer to 0 signals extreme fear, while one closer to 100 indicates extreme greed. The index is calculated based on volatility (25%), trading volume (25%), social media activity (15%), surveys (15%), Bitcoin market capitalization dominance (10%), and Google search trends (10%).
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