Market Sentiment Continues to Cool Down, Cryptocurrency Fear and Greed Index Drops to 44

BlockBeats News, February 8th, according to Alternative data, today's cryptocurrency fear and greed index dropped to 44 (last week's average was 68), and market sentiment has shifted from "greed" last week to "fear".

Note: The fear and greed 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 Dominance Index (10%) + Google Trends Analysis (10%).