Crypto Fear & Greed Index falls six points to 18, remaining in ‘Extreme Fear’ zone

The Crypto Fear & Greed Index, provided by software development platform Alternative, stands at 18 as of April 9, down six points from the previous day. Amid weakened sentiment, the index stayed in the "Extreme Fear" zone. The index ranges from 0 to 100 where 0 signifies extreme fear and 100 indicates extreme greed in the crypto market. The fear and greed index takes into account six different factors: volatility (25%), market momentum/volume (25%), social media (15%), surveys (15%), Bitcoin dominance (10%) and Google Trends (10%).