Cryptocurrency Fear and Greed Index Rebounds to 56, Market Returns to 'Greed' State

BlockBeats News, June 1st, according to Alternative data, today's Crypto Fear and Greed Index is 56, compared to 50 yesterday (last week's average was 74), indicating that market sentiment has temporarily shifted back to a "Greed" state.

Note: The Fear and Greed Index has a range of 0-100 and includes the following indicators: Volatility (25%) + Market Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin's Dominance (10%) + Google Trends Analysis (10%).