The Crypto Fear and Greed Index is a chart that scores users' emotional attitude towards the current state of the cryptocurrency market. The graph represents two emotions of users. One of these is fear and the other is greed.
While 50 is considered neutral for the fear and greed index, values below 50 indicate that fear predominates among investors, and when it approaches 100, greed is at the forefront.
"When others are greedy, be afraid and stand back; when others are afraid, be greedy."
While negative news drives investors into a state of fear and anxiety, rapid price increases in cryptocurrencies can increase users' appetite for the sector and motivate them to invest. Users may get FOMO due to sudden price movements. The general emotional attitude of users regarding the current situation of the cryptocurrency market is measured by the graph called the Crypto Fear and Greed Index. In this graph, users' fear and greed status is scored.
