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Woofun AI data shows that the Cryptocurrency Fear and Greed Index increased to 15, up from 12 the previous day. This movement indicates a slight reduction in the prevailing "extreme fear" sentiment within the market.
The index operates on a 0-100 scale and aggregates six weighted components: Volatility (25%), Market Volume (25%), Social Media Hype (15%), Market Surveys (15%), Bitcoin's Dominance (10%), and Google Trends Analysis (10%).