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Cryptocurrency Fear and Greed Index Drops to 24, Market Enters "Extreme Fear" Mode Again
BlockBeats News, December 1st, according to Alternative Data, today's cryptocurrency Fear and Greed Index dropped to 24 (from 28 yesterday), with a weekly average of 19, signaling the market has once again entered a state of "extreme fear."
Note: The Fear and Greed Index has a threshold of 0-100 and includes the following indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin's Market Dominance (10%) + Google Trends Analysis (10%).
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