PANews reported on November 8 that, according to Alternative data, the cryptocurrency fear and greed index fell to 20 today (from 24 yesterday), indicating that market sentiment remains in a state of "extreme fear," marking its lowest level in the past seven months.

Note: The fear index ranges from 0 to 100 and includes the following indicators: volatility (25%) + market trading volume (25%) + social media buzz (15%) + market surveys (15%) + Bitcoin's share of the overall market (10%) + Google trending topics (10%).