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Crypto Fear Index drops to 8, market remains quiet
Mars Finance News: On February 15, according to Alternative Data, Bitcoin briefly rebounded above $70,000 today, but the cryptocurrency fear and greed index continued to decline to 8 (from 9 yesterday), with a weekly average of 7. The market has been in a state of “extreme fear” for several consecutive days, and sentiment remains subdued. Note: The fear index threshold ranges from 0 to 100, including indicators such as volatility (25%), market trading volume (25%), social media activity (15%), market surveys (15%), Bitcoin’s proportion in the overall market (10%), and Google search trend analysis (10%).