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Bitcoin's Panic and Greed Index Drops to 72, Rating Greedy

Bitcoin's Panic and Greed Index Drops to 72, Rating Greedy

Bitget2024/12/06 17:17

According to Alternative data, the Bitcoin Panic and Greed Index has dropped to 72, with a rating of Greed.
Note: The Panic Index has a threshold of 0-100 and consists of metrics: Volatility (25%) + Market Volume (25%) + Social Media Buzz (15%) + Market Research (15%) + Bitcoin's share of the overall market (10%) + Google Analytics for Hot Words (10%).

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The 10-year U.S. Treasury yield climbs to 4.8%, erasing the dividend advantage of utility stocks; the sector’s rebound depends on interest rate stabilization rather than technical signals.