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Cryptocurrency Fear and Greed Index Drops to 23, Market Still in "Extreme Fear" State

Cryptocurrency Fear and Greed Index Drops to 23, Market Still in “Extreme Fear” State

BlockBeats News, December 2nd, according to Alternative data, today’s cryptocurrency fear and greed index dropped to 23 (yesterday was 24), with a weekly average of 20, indicating that the market is still in a state of “extreme fear”.

Note: The fear index threshold is 0-100, including 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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