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Crypto Fear Index drops to 5, market "extreme fear" sentiment intensifies
Mars Finance reports that on February 23, according to Alternative Data, the cryptocurrency Fear and Greed Index is at 5 (down from 9 yesterday), indicating an increased level of “extreme fear” in the market. Note: The fear index threshold ranges from 0 to 100 and includes the following indicators: volatility (25%), market trading volume (25%), social media activity (15%), market surveys (15%), Bitcoin’s proportion in the overall market (10%), and Google search trend analysis (10%).