On August 27, according to Alternative data, the Crypto Fear and Greed Index dropped to 71 today (down from 65 yesterday), indicating that market sentiment continues to be in a state of greed. Note: The fear index ranges from 0 to 100 and includes the following indicators: volatility (25%) + market trading volume (25%) + social media activity (15%) + market surveys (15%) + Bitcoin's dominance in the overall market (10%) + Google trends analysis (10%).
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