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.
You may also like
Barcelona Football Club criticized for signing a $22 million sponsorship deal with crypto company ZKP
Swedish payment giant Klarna's first stablecoin, KlarnaUSD, has been launched ahead of schedule
Bitcoin OG opens 5x ETH short position worth $15.04 million
Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish
Trending news
MoreCrypto prices
More
