The cryptocurrency panic and greed index reached 90, and the market fell into extreme greed

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Cointime2024/03/05 01:46

By:Cointime

Alternative data showed that today's cryptocurrency panic and greed index was 90 (yesterday was 82), the first time it reached 90 since February 2021, and the market was in a state of extreme greed.

Note: The panic index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media popularity (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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