The Panic and Greed Index has dropped to 28 today, remaining at the panic level

ChainCatcher news, according to Alternative data, the cryptocurrency Fear and Greed Index has dropped to 28 today (down from 34 yesterday), remaining in the fear level.

It is reported that the fear index threshold ranges from 0 to 100, including indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market surveys (15%) + Bitcoin's dominance in the overall market (10%) + Google Trends analysis (10%).