Bitcoin Fear and Greed Index Drops to 26, Remaining in Panic Zone
Alternative Data’s latest report shows crypto market sentiment deepening into panic, driven by multiple market and social metrics.
BTC
Summary
On January 29, Alternative Data reported the cryptocurrency Fear and Greed Index at 26, down from 29 the previous day, keeping sentiment in the panic zone. The index aggregates factors such as volatility, trading volume, social media trends, surveys, Bitcoin dominance, and Google search trends to gauge overall market mood.
Terms & Concepts
- Bitcoin Fear and Greed Index: A sentiment indicator that measures market emotions toward Bitcoin, ranging from extreme fear to extreme greed.