BlockBeats News, January 9th, according to Alternative data, today’s cryptocurrency Fear and Greed Index dropped to 27 (from 28 yesterday), signaling a market downturn. The index had an average of 28 last week, indicating several consecutive days of market “fear”.
Note: The Fear and Greed Index ranges from 0 to 100, including the following metrics: Volatility (25%) + Market Trading Volume (25%) + Social Media Sentiment (15%) + Market Surveys (15%) + Bitcoin’s Market Dominance (10%) + Google Trends Analysis (10%).
