Bitcoin in Extreme Fear as Crypto Fear and Greed Index Falls to 11 (Weekly Average 26)
BTC/USDT
$23,298,561,101.23
$66,025.52 / $63,030.00
Change: $2,995.52 (4.75%)
-0.0012%
Shorts pay
COINOTAG News reports, on November 18, citing Alternative Data, that the cryptocurrency fear and greed index sits at 11, down from 14 yesterday, with a weekly average of 26. The market remains in extreme fear, showing a brief easing before renewed pressure.
The fear and greed index operates on a 0-100 scale and aggregates six pillars: Volatility (25%), Market Trading Volume (25%), Social Media Hype (15%), Market Surveys (15%), Bitcoin’s Dominance (10%), and Google Trends Analysis (10%).
This configuration signals cautious sentiment among investors as risk-off postures persist, with potential implications for short-term liquidity and asset rotation across crypto markets.
Traders should watch shifts in the component metrics for early signs of a sentiment turn, particularly any rise in volume or a contraction in volatility that could precede a recovery.