According to BlockBeats, on September 27, data from Alternative indicates that the cryptocurrency Fear and Greed Index has reached 61, up from 50 the previous day. This marks the highest market sentiment in nearly two months, returning to a state of 'greed' after a month.
The Fear and Greed Index ranges from 0 to 100 and is composed of several indicators: volatility (25%), market trading volume (25%), social media activity (15%), market surveys (15%), Bitcoin's dominance in the market (10%), and Google Trends data (10%).
