BlockBeats News, January 21st, according to Alternative data, today’s cryptocurrency fear and greed index dropped to 24 (from 32 yesterday), with a previous week average of 48, indicating a return to “extreme fear” in the market.
Note: The fear index threshold ranges from 0 to 100 and includes the following indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin’s Dominance within the Market (10%) + Google Trends Analysis (10%).
