On December 28th, according to Alternative data, the cryptocurrency fear and greed index was 24 (compared to 23 yesterday), indicating that the market remains in a state of "fear." The cryptocurrency fear index has remained below 30 since November 3rd, a situation similar to that that occurred in the fourth quarter of 2022.
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%).



