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Crypto Market Sentiment Plunges to "Freezing Point," Fear Greed Index Currently at 10

Crypto Market Sentiment Plunges to “Freezing Point,” Fear Greed Index Currently at 10

BlockBeats News, November 16th, according to Alternative Data, today’s cryptocurrency Fear and Greed Index is 10 (yesterday was 10), with a weekly average of 22. The market remains in a state of “extreme fear,” and community sentiment has plummeted to the “freezing point.”

Note: The Fear Index threshold is 0-100 and includes the following indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin’s Dominance in the Market (10%) + Google Trends Analysis (10%).

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