Crypto Market Sentiment Remains High With Greed Index At 74

According to BlockBeats, the Alternative data on October 27 indicates that the current cryptocurrency Fear and Greed Index stands at 74, up from 72 the previous day. This marks the 12th consecutive day that the market sentiment has remained in the 'Greed' category. Over the past week, the average Fear and Greed Index was 73, while the average for the past month was 61. 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%).