Crypto Fear & Greed Index shifts to 'Fear' for first time since Nov. 11

The Crypto Fear & Greed Index has moved into the Fear category for the first time since Nov. 11, after previously indicating Extreme Fear. According to data provider Alternative, the index rose three points from yesterday to 28. The index measures market sentiment on a scale from zero, representing extreme fear, to 100, indicating extreme optimism. It is calculated based on factors including volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin's market cap dominance (10%), and Google search volume (10%).