The Cryptocurrency Panic Index drops to 30, the market is still in a "panic" state
According to Alternative data, today's crypto Fear and Greed Index has dropped to 30, yesterday was 32 (the average last week was 30), the market sentiment is still in a "panic" state.
Note: The panic index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + community media heat (15%) + market survey (15%) + Bitcoin's proportion in the entire market (10%) + Google hot word 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.
You may also like
Analysis: The UK's New Budget Exempts Cryptocurrencies from New Taxes, but Regulation Tightens
RedStone: The scale of RWA will reach $60 billion by 2026
4E: BTC Thanksgiving Whale Showdown, Solana ETF Ends Consecutive Net Inflows