BlockBeats News, February 8th, according to Alternative data, today's cryptocurrency fear and greed index is 7 (yesterday was 6), and market sentiment remains in the historically rare "extreme fear" zone. Previously, such fear was only seen in June 2022 and August 2019.
Note: The fear index threshold is 0-100, including indicators: Volatility (25%) + Market Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin's Dominance in the Market (10%) + Google Trends Analysis (10%).
