The cryptocurrency panic and greed index has reached 29, and market panic has subsided
On August 7, according to Alternative data, the cryptocurrency panic and greed index was 29 today (17 yesterday), and the market panic has subsided.
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%).