News > Crypto Fear and greed index shows extreme fear is ruling the markets

Crypto Fear and greed index shows extreme fear is ruling the markets

The crypto market at large has been bathing in red since the new year kicked off with the first week dragging down the biggest coins by double digits.

And that’s where the Fear and Greed Index (FIG) comes in. It helps one to take a step back, confirm if their sentiment about the wider market is true, and separate the sentiment from the data. The makers of this tool claim that it helps avoid an overreaction.