Cryptocurrency Market Experiences Extreme Fear as Index Drops
According to BlockBeats, the cryptocurrency fear and greed index has fallen to 25 today, indicating a return to 'extreme fear' in the market. This marks a significant drop from yesterday's index of 44. The index, which ranges from 0 to 100, is calculated based on several factors: volatility (25%), market trading volume (25%), social media activity (15%), market surveys (15%), Bitcoin's market share (10%), and Google keyword analysis (10%).
