BlockBeats News, February 11 — According to Alternative data, the cryptocurrency fear and greed index dropped to 11 today (from 9 yesterday), with last week’s average at 14, indicating the market remains in the “extreme fear” zone.
Note: The fear index threshold ranges from 0 to 100 and includes the following indicators: volatility (25%), market trading volume (25%), social media buzz (15%), market surveys (15%), Bitcoin’s proportion in the overall market (10%), and Google search trend analysis (10%).
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