Cryptocurrency Fear and Greed Index Plunges to 11, Deepening “Extreme Fear” Sentiment

BlockBeats News, June 3rd, according to Alternative data, today's cryptocurrency Fear and Greed Index is 11 (yesterday was 23), and the "extreme fear" sentiment has intensified rapidly during Bitcoin's price drop.

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%).