The Crypto Fear Index drops to 16, indicating the market remains in a state of extreme fear.
According to Jinse Finance, data from Alternative shows that today the Crypto Fear & Greed Index has dropped to 16 (compared to 21 yesterday), indicating that the market remains in a state of extreme fear. Note: The Fear & Greed Index ranges from 0 to 100 and includes the following indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market surveys (15%) + bitcoin's dominance in the overall market (10%) + Google trend analysis (10%).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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