Cryptocurrency Fear and Greed Index Drops to 20, Market Still in "Extreme Fear" State

BlockBeats News, December 7th, according to Alternative Data, today's cryptocurrency Fear and Greed Index dropped to 20 (yesterday was 23), indicating that the market is still in a state of "extreme fear."

Note: The Fear Index threshold is 0-100, including indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin Dominance (10%) + Google Trends Analysis (10%).