The post Bitcoin Dominates Market as Panic Index Reaches New Heights appeared on BitcoinEthereumNews.com.

According to COINOTAG news on September 17, recent alternative data highlights a significant shift in the cryptocurrency market. The crypto panic and greed index has dropped to 33 today from 39 yesterday, indicating a rise in market panic. This crucial index, which ranges from 0 to 100, measures market sentiment through various indicators, including volatility (25%), market trading volume (25%), social media activity (15%), market research (15%), Bitcoin’s market dominance (10%), and Google trend analysis (10%). The decline in the index is a clear sign of intensified market fear and caution among investors. Source: https://en.coinotag.com/breakingnews/bitcoin-dominates-market-as-panic-index-reaches-new-heights/

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Filed under: News - @ September 17, 2024 5:24 am