The cryptocurrency panic and greed index reached 62, a new low in nearly a month
According to BlockBeats, on April 16, according to Alternative data, the cryptocurrency panic and greed index today was 62 (yesterday was 74), a new low in nearly a month, and the hype continued to cool down.
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%).