
Alternative states that its Crypto Fear and Greed Index dropped to 11 from 23 on March 20, pointing to sharply worsening market sentiment across crypto assets.
Alternative’s Crypto Fear and Greed Index fell to 11 on March 20 from a previous reading of 23, indicating a sharp rise in market fear. The 0-100 sentiment gauge is based on factors including volatility, trading volume, social media activity, surveys, Bitcoin dominance, and Google Trends data. The new reading marks a significantly more fearful market backdrop than the existing topic’s earlier index level of 26.