Bitcoin Dominance Keeps Crypto in Fear Range as Fear & Greed Index Stays at 28 on Nov 30
The post Bitcoin Dominance Keeps Crypto in Fear Range as Fear & Greed Index Stays at 28 on Nov 30 appeared on BitcoinEthereumNews.com.
COINOTAG News reports, citing Alternative Data, that the cryptocurrency fear and greed index sits at 28, unchanged from yesterday, signaling a shift away from extreme fear while remaining in the fear band. The fear and greed index operates on a 0-100 scale and consolidates six indicators: Volatility (25%), Market Trading Volume (25%), Social Media Hype (15%), Market Surveys (15%), Bitcoin’s Dominance (10%), and Google Trends Analysis (10%). As sentiment eases from extreme fear, traders may adopt a cautious posture, with market mood lingering in the fear territory rather than signaling a strong uptrend. This dynamic informs risk assessment and positioning within cryptocurrency markets. Source: https://en.coinotag.com/breakingnews/bitcoin-dominance-keeps-crypto-in-fear-range-as-fear-greed-index-stays-at-28-on-nov-30
