Cryptocurrency Market Sentiment Plunges to "Extreme Fear," Fear Greed Index Currently at 10

BlockBeats News, November 16, according to Alternative Data, today's cryptocurrency fear and greed index is 10 (yesterday was 10), with a weekly average of 22. The market continues to be in a state of "extreme fear," and community sentiment has plunged to the "freezing point."

Note: The fear index ranges from 0 to 100 and includes the following indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Hype (15%) + Market Sentiment (15%) + Bitcoin's Dominance in the Market (10%) + Google Trends Analysis (10%).