Crypto Fear Index Stands at 23, Market Remains in 'Extreme Fear'
On April 16, according to Alternative data, the cryptocurrency Fear and Greed Index today is at 23 (the same as yesterday), indicating that the market continues to be in 'extreme fear'. Note: The fear index ranges from 0 to 100 and includes the following indicators: volatility (25%), market trading volume (25%), social media activity (15%), market surveys (15%), Bitcoin's dominance in the market (10%), and Google Trends analysis (10%).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Goldman Sachs strategists have lowered their 12-month target for South Korea's KOSPI Index from 12,000 points to 9,000 points, representing a 25% decrease. Earlier this year, Goldman had raised the target multiple times. The latest downgrade is due to mounting concerns in the market over artificial intelligence (AI) trading.

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