Alternative, a provider of cryptocurrency data, reports that its proprietary 'Fear & Greed Index' has climbed to a value of 83, a 7-point increase from the previous day. Market sentiment has improved, and the 'Extreme Greed' level continues. The index ranges from 0, indicating extreme fear in the market, to 100, representing extreme optimism. The Fear & Greed Index is calculated based on a combination of factors, including volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin's dominance in the market capitalization (10%), and Google search trends (10%).

#BTC