BlockBeats News, January 9 — According to Alternative data, today’s cryptocurrency Fear and Greed Index dropped to 27 (yesterday was 28), and the market has cooled down again. The average for last week was 28, and the market has been in a “fear” state for several consecutive days.
Note: The Fear and Greed Index threshold ranges from 0-100, including indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Hotness (15%) + Market Surveys (15%) + Bitcoin’s proportion in the overall market (10%) + Google Hot Search Analysis (10%).
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