Crypto Fear Index drops to 34, Market "Fear" Sentiment Sharply Intensifies

BlockBeats News, May 14th, according to Alternative data, due to the impact of Bitcoin falling below $79,000 last night, today the cryptocurrency fear and greed index dropped to 34 (from 42 yesterday), and market "fear" sentiment has sharply intensified.

Note: The fear index threshold is 0-100, including indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin Dominance (10%) + Google Trends (10%).