Crypto Fear & Greed Index rises to 29, exits extreme fear

The Crypto Fear & Greed Index from data provider Alternative has risen seven points from yesterday to 29. This improvement in investor sentiment moves the index from the extreme fear category into the fear category. The index measures market sentiment on a scale where 0 represents extreme fear and 100 signifies extreme optimism. It is calculated based on factors including volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin's market capitalization dominance (10%), and Google search volume (10%).