Cryptocurrency Fear and Greed Index Drops to 71, Market Sentiment Cools Slightly

On January 27th, according to Alternative data, today's cryptocurrency panic and greed index fell to 71 (last week's average was 76), and the market sentiment changed from last week's extreme greed to greed. Note: The panic index threshold is 0-100, including indicators: volatility (25%) + market volume (25%) + social media popularity (15%) + market research (15%) + bitcoin's share in the entire market (10%) + Google hot word analysis (10%).