The Bitcoin Fear & Greed Index has been in the extreme fear territory for two weeks now, showcasing the effect of the crash on investor sentiment.

Bitcoin Fear & Greed Index Is Still Inside Extreme Fear Zone

The “ Fear & Greed Index ” refers to an indicator created by Alternative that tells us about the average sentiment present among traders in the Bitcoin and wider cryptocurrency markets.

The index uses the data of these five factors to determine the investor mentality: trading volume, market cap dominance, volatility, social media sentiment, and Google Trends. It then represents it using a numeric scale that runs from zero to hundred.

All values above 53 on this scale correspond to a net sentiment of greed. Similarly, those below 47 imply that the investors are fearful. The leve

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