On July 9, the cryptocurrency panic and greed index was 27, and market panic continued to spread.

According to BlockBeats, according to Alternative data, the cryptocurrency panic and greed index on July 9 was 27, which was lower than yesterday's 28, and the panic in the market continued to spread. The threshold of the panic index is 0-100, and the indicators included are: volatility (25%), market trading volume (25%), social media heat (15%), market research (15%), the proportion of Bitcoin in the entire market (10%), and Google hot word analysis (10%).