The digital money market sentiment remains stable at a "greed" state, with the fear index slightly declining.

Gate News bot message, According to data from Alternative, the fear and greed index of the cryptocurrency market on July 2 was 63, slightly down from 64 the previous day, but still maintained in a “greed” state. The average value of the index over the past week was 66.

The calculation of the panic index encompasses multiple aspects, including volatility and market trading volume (each accounting for 25%), social media popularity and market surveys (each accounting for 15%), as well as Bitcoin market share and Google search popularity (each accounting for 10%). The index ranges from 0 to 100, reflecting the overall sentiment of the market.

Source: BlockBeats

BOT-12.49%
BTC-2.75%
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