The Fear and Greed Index in the cryptocurrency market continues to decline
According to PANews, the Fear and Greed Index in the cryptocurrency market has dropped to 27, down from 28 the previous day, indicating that the state of fear continues to persist in the market. This index, which ranges from 0 to 100, is calculated based on several factors: volatility (25%), trading volume in the market (25%), sentiment on social media (15%), market surveys (15%), Bitcoin's dominance in the market (10%), and Google search trends (10%).
