😬 The self-estimated 'Fear and Greed Index' by cryptocurrency data provider Alternative has increased to 47, rising by 3 points compared to the previous day. This slight increase indicates a strengthening of market optimism, moving the index closer to a neutral stage. The index measures market sentiment, with lower values indicating fear and higher values indicating optimism. It considers factors such as volatility, transaction volume, social media mentions, surveys, Bitcoin market capitalization weight, and Google search volume to calculate its score. #Cryptocurrency #MarketSentiment #FearAndGreedIndex