Crypto Fear & Greed Index hits 10… remains in ‘Extreme Fear’

Uk Jin

Summary

It reported that the 'Fear & Greed Index,' which reflects investor sentiment in the cryptoasset market, remained in extreme fear.
According to Alternative, the Fear & Greed Index came in at 10, down 2 points from the previous day.
As of 9 a.m. that day, Bitcoin (BTC) was down 0.45% from the previous day at $68,677, while Ethereum (ETH) and XRP posted modest gains.

Forecast Trend Report by Period

The ‘Fear & Greed Index,’ a gauge of investor sentiment in the cryptoasset (cryptocurrency) market, remained in extreme fear.

According to Alternative on the 17th (Korea time), the index came in at 10, down 2 points from the previous day.

As of 9 a.m. that day, Bitcoin (BTC) was down 0.45% from the previous day at $68,677.

At the same time, Ethereum (ETH) and XRP showed modest gains.

The Fear & Greed Index is calculated based on factors including volatility (25%), trading volume (25%), social media (15%), surveys (15%), Bitcoin market-cap dominance (10%), and Google search volume (10%).