According to Mars Finance, on October 31st, the cryptocurrency fear and greed index was 29 (compared to 34 yesterday), indicating that market sentiment remains "fearful." Note: The fear index ranges from 0-100 and includes the following indicators: volatility (25%) + market volume (25%) + social media buzz (15%) + market surveys (15%) + Bitcoin's share of the overall market (10%) + Google trending topics (10%).
The crypto fear and greed index is currently at 29, indicating that market sentiment remains "fearful."
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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