The Crypto Fear and Greed Index has dropped to 22, indicating "extreme fear."

2024-09-06 23:19:09

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ChainCatcher message, Alternative data shows that the cryptocurrency market's Fear and Greed Index has dropped to 22 (down from 29 yesterday), and the market sentiment is currently in "extreme fear."

Note: The panic index threshold ranges from 0 to 100 and includes the following indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market surveys (15%) + Bitcoin's dominance in the overall market (10%) + Google Trends analysis (10%). A panic index of 0 indicates "extreme fear," while 100 indicates "extreme greed."

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