BlockBeats News, February 11th, according to Alternative data, today’s cryptocurrency fear and greed index dropped to 11 (from 9 yesterday), with a weekly average of 14, indicating that the market is still in the “extreme fear” zone.
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 (10%) + Google Trends Analysis (10%).
