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crypto fear index
The crypto fear index, often known as the Crypto Fear and Greed Index, is a metric used to measure the overall market sentiment toward cryptocurrencies. It combines various factors—such as price volatility, trading volume, social media activity, surveys, trends, and market dominance—to produce a single score between 0 and 100. Low scores indicate "fear," suggesting that investors are worried or risk-averse, while high scores indicate "greed," suggesting confidence or potential market overexuberance. It is commonly used as a contrarian indicator to gauge whether the crypto market might be undervalued or overvalued.
Bitcoin Drops Below $90,000 as Extreme Fear Dominates the Market
Bitcoin fell sharply to $89,420 - its lowest level since February - marking a dramatic reversal just six weeks after setting an all-time high near $126,250. The sudden drop has intensified concerns across the crypto sector as...
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