Crypto Market Sentiment Plummets to Extreme Fear Levels

According to BlockBeats, the Alternative data indicates that the cryptocurrency Fear and Greed Index has dropped to 23 today, down from 34 yesterday, with last week's average also at 34. This shift places the market sentiment in a state of 'extreme fear. ' The Fear and Greed Index ranges from 0 to 100 and 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 search trends (10%). source: https://www.binance.com/en/square/post/22577777377106?utm_source=BinanceNewsRSS