Bitcoin Market Sentiment Cools Slightly as Crypto Fear and Greed Index Drops to 70
2025-07-16 06:13:07
Main Idea
The Crypto Fear and Greed Index dropped slightly to 70 on July 16, indicating a cooling market sentiment, though it remains in the 'greed' zone.
Key Points
1. The Crypto Fear and Greed Index decreased from 73 to 70 on July 16.
2. The index ranges from 0 to 100 and measures market sentiment.
3. It aggregates metrics like volatility (25%), market trading volume (25%), social media engagement (15%), market surveys (15%), Bitcoin’s market dominance (10%), and Google search trends (10%).
Description
On July 16, the Crypto Fear and Greed Index registered a value of 70, indicating a slight moderation from yesterday’s 73. Despite this minor decline, the market sentiment remains firmly
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