Crypto Fear & Greed Index Soars to 32, Signaling Market Panic

The cryptocurrency Fear and Greed Index has surged to 32 today, marking a significant shift from the previous 26. This dramatic rise reflects a surge in market panic, according to PANews reports. Composed of various indicators, the index tracks volatility (25%), trading volume (25%), social media trends (15%), market surveys (15%), Bitcoin’s dominance (10%), and Google search trends (10%).