BlockBeats News, December 1st, according to Alternative Data, today’s cryptocurrency Fear and Greed Index dropped to 24 (from 28 yesterday), with a weekly average of 19, signaling the market has once again entered a state of “extreme fear.”
Note: The Fear and Greed Index has a threshold of 0-100 and includes the following indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin’s Market Dominance (10%) + Google Trends Analysis (10%).
