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Crypto Assets market sentiment remains 'Greed', with the fear index recorded at 64.
According to Gate News bot, the latest report from the Alternative data platform shows that the Crypto Assets Fear and Greed Index was 64 on July 1, a slight decrease from the previous day's 66, but still indicating that market sentiment is in a "Greed" state. The average value of this index last week was 65.
The Panic Index uses a scoring system of 0-100, taking into account multiple factors: market volatility and trading volume each account for 25% weight, social media popularity and market surveys each account for 15%, while Bitcoin market capitalization and Google search trends each account for 10%.
Source: BlockBeats