The Crypto Fear Index drops to 16, indicating the market remains in a state of extreme fear.

According to Jinse Finance, data from Alternative shows that today the Crypto Fear & Greed Index has dropped to 16 (compared to 21 yesterday), indicating that the market remains in a state of extreme fear. Note: The Fear & Greed Index ranges from 0 to 100 and includes the following indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market surveys (15%) + bitcoin's dominance in the overall market (10%) + Google trend analysis (10%).