On November 4th, according to Alternative Data, the Fear and Greed Index of cryptocurrencies today is 21 (yesterday it was 42), and the market sentiment has entered the “Extreme Fear” state. Note: The threshold of the Fear Index is 0-100 and it 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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