Crypto Fear & Greed Index Surges to 84 Amid Strong Market Sentiment As of November 30, 2024, the Crypto Fear & Greed Index stands at an impressive 84, marking a six-point increase from the previous day. The index remains firmly in the “Extreme Greed” zone, signaling heightened bullish sentiment across the cryptocurrency market. Provided by Alternative, the Crypto Fear & Greed Index is a widely-used indicator of market emotions, ranging from 0 (Extreme Fear) to 100 (Extreme Greed). The index reflects the collective sentiment of market participants and can often predict potential shifts in market trends. Understanding the Crypto Fear & Greed Index How the Index Works The Crypto Fear & Greed Index is calculated using six weighted factors: Volatility (25%) – Measures recent price swings and compares them to average volatility. Market Momentum/Volume (25%) – Tracks trading volume and momentum to identify surges in buying activity. Social Media (15%)…