COINOTAG News, citing Alternative Data, reports that as of November 20 the Fear and Greed Index for the cryptocurrency market slid to 11, down from 15 yesterday, leaving market sentiment in a state of extreme fear. The current level contrasts with last week’s average of 15 and last month’s 34, underscoring elevated risk aversion among traders.

Note the index operates on a 0-100 scale and aggregates signals from six pillars: Volatility (25%), Market Volume (25%), Social Media Hype (15%), Market Surveys (15%), Bitcoin’s Dominance (10%), and Google Trends (10%). The current composition reveals the drivers of sentiment remain tilted toward risk-off posture, with price action reactions and information flow shaping investor appetite.