Market sentiment remains in historically rare "Extreme Fear" territory, with today's Greed Index at 8

BlockBeats News, February 24th, according to Alternative data, today's cryptocurrency fear and greed index is 8 (yesterday was 5), indicating that market sentiment is still in the historically rare "extreme fear" zone. Previously, extreme fear levels of 5 were only seen in June 2022 and August 2019.

Note: The fear 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 of the Entire Market (10%) + Google Trends Analysis (10%).