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

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

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%).

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