Alternative.me’s Crypto Fear & Greed Index registered 25 on Nov. 7, placing its Bitcoin (BTC) sentiment gauge in extreme fear after two consecutive daily declines.
The score was 50 (neutral) on Nov. 5, 28 (fear) on Nov. 6 and 25 (extreme fear) on Nov. 7. The fall from 50 to 28 was 22 points, followed by a three-point decline. EconoTimes previously covered the neutral reading from Nov. 5.
The gauge ranges from zero for extreme fear to 100 for extreme greed. Alternative.me says its inputs include volatility, market momentum and volume, social-media activity, Bitcoin dominance and search trends. The site lists surveys as paused.
