Fear And Greed Index Rises To Greed Level

According to PANews, the Fear and Greed Index has seen a significant increase, reaching a score of 55, up from 49 the previous day. This shift marks a change from a neutral to a greed level, the first occurrence since February 3. The index, which ranges from 0 to 100, is calculated based on several factors: volatility (25%), market trading volume (25%), social media activity (15%), market surveys (15%), Bitcoin's market dominance (10%), and Google search trends (10%).