The crypto fear index has dropped to 20, indicating a further escalation of the "extreme fear" level.

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On January 1, according to Alternative data, the cryptocurrency fear and greed index was 20 (compared to 21 yesterday), further exacerbating the market's "extreme fear" state.

Note: The fear index ranges from 0 to 100 and includes the following indicators: volatility (25%) + market trading volume (25%) + social media buzz (15%) + market surveys (15%) + Bitcoin's share of the overall market (10%) + Google trending topics (10%).

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