Crypto Fear Index Drops to 28, Market "Fear" Sentiment Sharply Intensifies
BlockBeats News, May 18th, according to Alternative data, due to Bitcoin dropping below $77,000 this morning, today's cryptocurrency fear and greed index dropped to 28 (from 48 last week), and the market's "fear" sentiment intensified sharply.
Note: The fear index has a range of 0-100 and includes the following indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Buzz (15%) + Market Surveys (15%) + Bitcoin's Dominance (10%) + Google Trend Analysis (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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