Cryptocurrency Market Sentiment Reaches Three-Month High

According to BlockBeats, the Alternative data on October 21 indicates that the cryptocurrency Fear and Greed Index stands at 72 today, slightly down from 73 yesterday. This marks a sustained high in market sentiment, reaching a three-month peak over the past five days. Last week's average Fear and Greed Index was 48, while last month's average was 54. The Fear and Greed Index ranges from 0 to 100 and includes several indicators: 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%).