The cryptocurrency fear and greed index has risen to 71, with market sentiment continuing to surge
On October 17, according to Alternative data, the Cryptocurrency Fear and Greed Index today is reported at 71, yesterday was 73, indicating a continued surge in market sentiment.
Note: The Fear Index threshold is 0-100, including indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Heat (15%) + Market Survey (15%) + Bitcoin's Proportion in the Entire Market (10%) + Google Hot Word 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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