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Cryptocurrency Fear and Greed Index Drops to 70, Market Greed Sentiment Slightly Cools

Summary: According to Alternative data, the cryptocurrency fear and greed index dropped to 70 today (from 73 yesterday), indicating a slight cooling of market greed sentiment, still in the greed zone. Note: The fear index threshold is 0-100, including indicators such as volatility (25%) + market trading volume (25%) + social media hype (15%) + market ...

According to Alternative data, the cryptocurrency fear and greed index dropped to 70 today (from 73 yesterday), indicating a slight cooling of market greed sentiment, still in the greed zone.

Note: The fear index threshold is 0-100, including indicators such as volatility (25%) + market trading volume (25%) + social media hype (15%) + market surveys (15%) + Bitcoin's proportion in the overall market (10%) + Google search term analysis (10%).

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Link: Cryptocurrency Fear and Greed Index Drops to 70, Market Greed Sentiment Slightly Cools [Copy]

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