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The Crypto Fear Index rises to 39, significantly easing market panic sentiment
Golden Finance reports that on May 2nd, according to Alternative data, the current cryptocurrency fear and greed index is 39 (yesterday was 26), indicating a significant easing of market “fear” sentiment, which remains in the “fear” zone.
Note: The fear index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media buzz (15%) + market surveys (15%) + Bitcoin’s proportion in the overall market (10%) + Google trending analysis (10%).