Crypto Fear & Greed Index Hits 71, Still Showing Signs of Excess

The Crypto Fear & Greed Index has dropped to 71, still indicating greed in the market.

This reading is a measure of market sentiment, with values closer to 0 signifying extreme fear and those closer to 100 signaling extreme greed.

The index combines several factors, including volatility, trading volume, social media activity, surveys, Bitcoin's dominance, and Google search trends.

As of September 30th, major altcoins such as Ether (ETH) and BNB were down, with Solana being the only exception, rising by 0.40%.