Cryptocurrency Fear and Greed Index Drops to 50, Market Sentiment Plunges to October levels last year

BlockBeats News, January 10th, according to Alternative Data, today's cryptocurrency Fear and Greed Index dropped to 50, down from 69 yesterday (last week's average was 74), with market sentiment plunging to levels not seen since October last year.

Note: The Fear Index threshold is 0-100 and includes the following indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin's share of the overall market (10%) + Google Trends Analysis (10%).