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%).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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