Cryptocurrency Fear and Greed Index Drops to 9 as Market Cools Off

BlockBeats News, February 10th, according to Alternative data, today's cryptocurrency fear and greed index dropped to 9 (from 14 yesterday), with a weekly average of 17, indicating that the market is still in the "extreme fear" zone.

Note: The fear index has a range of 0-100 and includes the following indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin's Dominance (10%) + Google Trends (10%).