The encryption fear and greed index has dropped to 70, indicating a slight cooling of market "greed" sentiment.

On July 16, according to Alternative data, today's cryptocurrency Fear and Greed Index is 70 (yesterday it was 73), the market's "Greed" sentiment has slightly cooled down, still in the "Greed" zone. Note: The panic index threshold is 0-100, including indicators: Fluctuation (25%) + market volume (25%) + social media popularity (15%) + market surveys (15%) + Bitcoin's share in the entire market (10%) + Google Trends analysis (10%).

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