Cryptocurrency Panic & Greed Index Falls to 23, Near Lowest Since August
On September 7, according to Alternative data, the Cryptocurrency Panic and Greed Index was reported at 23 today, compared to 22 yesterday, with market sentiment extremely panicky, with the last two days being the lowest in the last 30 days.
Note: The Panic Index has a threshold of 0-100 and includes the following metrics: Volatility (25%) + Market Volume (25%) + Social Media Buzz (15%) + Market Surveys (15%) + Percentage of Bitcoin in the Total Market (10%) + Google Buzzword Analytics (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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