According to Mars Finance, on January 10th, data from Alternative showed that the cryptocurrency fear and greed index fell to 25 (from 27 yesterday), returning to the "extreme fear" range. Last week's average was 29. Note: The fear index ranges from 0-100 and includes the following indicators: volatility (25%) + market volume (25%) + social media buzz (15%) + market surveys (15%) + Bitcoin's share of the overall market (10%) + Google trending topics (10%).
The crypto fear index has fallen to 25, plunging the country back into "extreme fear."
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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