Cryptocurrency Market Fear Intensifies
Recent data indicates that the cryptocurrency fear and greed index is at 9 today, showing a slight decline from yesterday's 8. Investor sentiment remains extremely cautious. The fear and greed index ranges from 0 to 100, with lower values indicating increased fear.
Factors Behind the Fear Index
The index is calculated based on weighted values of multiple metrics, including:
- Volatility (25%)
- Market trading volume (25%)
- Social media trends (15%)
- Market survey results (15%)
- Bitcoin's market share (10%)
- Google search trends (10%)