Cryptocurrency Fear and Greed Index reaches 70, market sentiment slightly down

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On May 20, according to Alternative data, today's cryptocurrency panic and greed index is 70 (yesterday was 72), and the market's greed sentiment has slightly decreased as the currency price fell.

Note: The panic index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media heat (15%) + market research (15%) + Bitcoin’s proportion in the entire market (10%) + Google hot word analysis (10%).

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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