- The Crypto Fear and Greed Index (CFGI) hosted on alternative.me dropped severely at the time, and on May 31, 2022, Bitcoin.com News reported the CFGI ranking score was 16 out of 100 or “extreme fear”.
- Today, the CFGI ranking score has improved and the sentiment value has moved out of the “extreme fear” position into the “fear” zone with a score of 33 out of 100.
- The CFGI ranking has not been able to rise above the “fear” zone and seems to be heading back to the range of “extreme fear” scores.
Crypto Fear and Greed Index Shows Market Sentiment Remains Fearful
