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Cryptocurrency Fear and Greed Index Drops to 39, Market Rapidly Enters Panic State

Summary: According to Alternative data, the cryptocurrency fear and greed index today is 39 (down from 50 yesterday and a weekly average of 60), falling below 40 for the first time since the end of April, causing the market to rapidly enter a state of panic. Note: The fear index threshold is 0-100, including indicators such ...

According to Alternative data, the cryptocurrency fear and greed index today is 39 (down from 50 yesterday and a weekly average of 60), falling below 40 for the first time since the end of April, causing the market to rapidly enter a state of panic.

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

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Link: Cryptocurrency Fear and Greed Index Drops to 39, Market Rapidly Enters Panic State [Copy]

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