Cryptocurrency Fear and Greed Index Rises to 72, Indicating Continued Greed

According to BlockBeats, the cryptocurrency Fear and Greed Index has increased to 72, up from 70 the previous day, signaling that the market remains in a state of greed. The Fear and Greed 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 dominance in the market (10%), and Google Trends data (10%).