Crypto Fear & Greed Index falls to 11, remains in extreme fear

The Crypto Fear & Greed Index, compiled by data provider Alternative, has fallen three points from yesterday to 11, remaining in the Extreme Fear stage. The index measures market sentiment, where 0 indicates extreme fear and 100 represents extreme optimism. Its calculation is based on several factors: volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin's market cap dominance (10%), and Google search volume (10%).