Bitcoin Sees Neutral Market: Fear and Greed Index Falls to 53 on Aug 24 — BlockBeats

COINOTAG News reports on August 24 that Alternative Data shows the Fear and Greed Index at 53 (previously 60), signaling a Neutral stance in the broader cryptocurrency market. This data point reflects measured investor sentiment without implying imminent price movements and is sourced from established market indicators.

The index aggregates six components with specified weights: Volatility (25%), Market Volume (25%), Social Media Hype (15%), Market Surveys (15%), Bitcoin’s Dominance (10%) and Google Trends (10%). The modest decline from 60 to 53 denotes a calibrated shift in sentiment across these inputs and provides a benchmark for traders and analysts monitoring risk appetite and liquidity conditions.

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