Crypto Fear & Greed Index rises to 28, remains in fear

The Crypto Fear & Greed Index, compiled by data provider Alternative, has risen two points from yesterday to 28, though it remains in the fear stage. The index measures market sentiment on a scale of 0 to 100, where 0 signifies extreme fear and 100 represents extreme optimism. It is calculated 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%).