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Bitcoin Panic Index Rises to 39: Market Sentiment Swings Back to Fear

COINOTAG News reports that the cryptocurrency panic and greed index has shifted to 39 today, down from 51 yesterday, indicating renewed market anxiety. The index, which ranges from 0 to 100, aggregates several key indicators: volatility (25%), market trading volume (25%), social media heat (15%), market research (15%), Bitcoin’s market share (10%), and Google hot word analysis (10%). This drop highlights the growing uncertainty among investors and market participants.

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