The Cryptocurrency Fear and Greed Index has dropped to 30, with market sentiment once again turning towards fear

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Bitget2024/08/28 02:53

According to Alternative data, the Cryptocurrency Fear and Greed Index has dropped to 30 today, compared with 48 yesterday, indicating a shift in market sentiment towards fear again.

Note: The Fear Index ranges from 0-100 and includes indicators such as volatility (25%), market trading volume (25%), social media heat (15%), market surveys (15%), Bitcoin's proportion in the overall market (10%) and 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.

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