
The index’s fall from 14 to 11 signals renewed extreme fear in the crypto market after a brief easing, as investor sentiment weakens again.
On November 17, the Crypto Fear and Greed Index fell to 11 from 14 the previous day, with last week’s average at 26, according to Alternative Data. The dip marks a return to intensified extreme fear following a slight recent improvement in sentiment. The index, which gauges cryptocurrency market sentiment using metrics like volatility, trading volume, social trends, and Bitcoin dominance, indicates continuing investor caution.