The Crypto Panic Index Dropped to 24, Market Falls into "Extreme Panic"

ChainThink news, October 12, according to Alternative data, the cryptocurrency fear and greed index fell to 24 (27 yesterday), the market sentiment fell into a state of "extreme fear", the weekly average was 74.

Note: The fear index threshold is 0-100, including the following indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market survey (15%) + proportion of Bitcoin in the entire market (10%) + Google trend analysis (10%).