Crypto Fear & Greed Index holds at 24, signaling extreme fear

The Crypto Fear & Greed Index stands at 24, unchanged from the previous day and holding within the extreme fear range, according to data from Alternative. The index gauges market sentiment on a scale from 0 (extreme fear) to 100 (extreme optimism). Its calculation is based on several factors: volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin's market capitalization dominance (10%), and Google search volume (10%).

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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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