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Alternative.me’s Crypto Fear & Greed Index Reads 28 for Bitcoin (BTC)

The score was three points above the Nov. 7 reading of 25, which was classified as Extreme Fear.

Updated 1 min read
A passerby checks a smartphone on Margaretenstraße in Hamburg, Germany. / TokenPost.ai (macro)
A passerby checks a smartphone on Margaretenstraße in Hamburg, Germany. / TokenPost.ai (macro)

Alternative.me’s Crypto Fear & Greed Index for Bitcoin (BTC) stood at 28 in the Fear range at 7 p.m. ET Wednesday, or 00:00 UTC Thursday.

Earlier in November, the index read 50, classified as Neutral, on Nov. 5, then 28 on Nov. 6 and 25 in Extreme Fear on Nov. 7, according to EconoTimes’ earlier coverage of the Nov. 7 reading. The latest score is three points above that Nov. 7 figure.

Alternative.me says its index measures Bitcoin sentiment using volatility, market momentum and trading volume, social activity, Bitcoin dominance and search trends. The site says surveys are paused. Its index page displayed a countdown to the next update.

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