According to Alternative data, the cryptocurrency panic and greed index rose to 55 today, from 28 last week, and the market sentiment turned from panic to greed. Previously, the panic and greed index was 72 in July and 28 last week. After the plunge at the beginning of the month, the market sentiment gradually picked up.
Notes: The Panic Index threshold is 0-100 and includes indicators: volatility (25%) + market volume (25%) + social media popularity (15%) + market research (15%) + Bitcoin's share in the overall market (10%) + Google hot word analysis (10%).
The cryptocurrency panic and greed index rose to 55, and market sentiment shifted from panic to greed
2024-08-26 05:28:41
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